Honeywell International Inc. continues to face an asbestos-related declaratory judgment action in the Supreme Court of New York, County of New York.
In the second quarter of 2006, Travelers Casualty and Insurance Company filed the action against the Company and other…
Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$685 million as of Sept. 30, 2011 and US$718 million as of Dec. 31, 2010.
The Company owned North American…
Honeywell International Inc. recorded asbestos-related litigation charges, net of insurance, of US$38 million during the three months ended Sept. 30, 2011, compared with US$48 million during the three months ended Sept. 30, 2010.
The Company recorded litigation charges, net of insurance,…
Honeywell International Inc.’s Bendix friction materials business faced 22,800 asbestos-related claims during the nine months ended Sept. 30, 2011, compared with 22,480 claims during the year ended Dec. 31, 2010.
Bendix manufactured automotive brake parts that contained chrysotile asbestos in an…
Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.574 billion as of Sept. 30, 2011 and US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed on Oct. 21, 2011 with the U.S. Securities and Exchange…
James Wylder, Esq., of Bloomington, Ill., on Aug. 5, 2011, petitioned the Fourth District appellate court to reconsider a July 15, 2011 decision overruling two precedents that have sustained his unique series of trials in McLean County, Ill., in a…
Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.565 billion as of June 30, 2011, compared with US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed on July 22, 2011 with the Securities and Exchange…
Fourth District appellate judges on July 15, 2011, reversed the ruling of Circuit Judge Scott Drazewski, who entered judgment ordering Honeywell International Inc. and Pneumo-Abex to pay Juanita Rodarmel US$683,333, The Madison/St. Clair Record reports.
The appellate judges overruled two Fourth…
Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future asbestos claims related to North American Refractories Company of US$691 million as of June 30, 2011 and US$718 million as of Dec. 31,…
Honeywell International Inc.’s Bendix friction materials business faced 23,031 unresolved asbestos claims during the six months ended June 30, 2011 and 22,480 claims during the year ended Dec. 31, 2010.
During the six months ended June 30, 2011, the Company recorded…