Foster Wheeler AG’s subsidiaries in the United Kingdom faced 289 open asbestos-related claims as of June 30, 2010, according to the Company’s quarterly report filed on Aug. 5, 2010 with the Securities and Exchange Commission.
To date, 950 claims have been…
Foster Wheeler AG’s subsidiaries in the United States faced 122,490 open asbestos claims during the fiscal three months ended June 30, 2010, compared with 130,500 open claims during the fiscal three months ended June 30, 2009, according to the Company’s…
Foster Wheeler AG’s long-term asbestos-related liability was US$323,947,000 as of June 30, 2010, compared with US$352,537,000 as of Dec. 31, 2009, according to a Company press release dated Aug. 5, 2010.
The Company’s long-term asbestos-related liability was US$338,273,000 as of March…
Foster Wheeler AG, as of June 30, 2010, estimated the value of its unsettled asbestos insurance asset related to ongoing litigation in New York state court with its subsidiaries’ insurers at US$3.7 million.
The litigation relates to the amounts of insurance…
A couple from Port Arthur, Tex., Floyd D. Gladden Jr. and Rebecca E. Gladden, on May 3, 2010, filed an asbestos-related lawsuit against 30 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Manufacturing and equipment defendants…
Foster Wheeler AG’s subsidiaries in the United States faced 129,300 open asbestos claims during the fiscal quarter and nine months ended Sept. 30, 2009, compared with 130,370 claims during the fiscal quarter and nine months ended Sept. 26, 2008.
The Company’s…
The U.S. District Court for the Western District of Washington, at Seattle, affirmed Duane and Eileen Prewett’s Motion to Remand an asbestos lawsuit filed against Foster Wheeler AG, Gould Pumps (IPG) and other defendants.
District Judge Ricardo S. Ramirez entered judgment…
Cleveland J. Savoy, on Nov. 5, 2009, filed an asbestos-related lawsuit against 38 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Defendants include A.O. Smith Corporation, A.W. Chesterton Company, American Optical, AMETEK Inc., Babcock Borsig AG,…
Foster Wheeler AG, as of Sept. 30, 2009, estimated the value of its unsettled asbestos insurance asset related to ongoing litigation in New York state court with its subsidiaries’ insurers at US$25.9 million.
The litigation relates to the amounts of insurance…
Foster Wheeler AG’s subsidiaries in the United Kingdom faced 371 open asbestos claims as of Sept. 30, 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Nov. 4, 2009.
To date, 926 claims have been…