ASBESTOS LITIGATION: Honeywell Has $1.557B Liability at June 30

Honeywell International Inc.’s long-term asbestos-related liabilities were US$1.557 billion as of June 30, 2009, compared with US$1.538 billion as of Dec. 31, 2008.

The Company’s long-term asbestos-related liabilities were US$1.550 billion as of March 31, 2009. (Class Action Reporter, May 1,…

ASBESTOS LITIGATION: Bendix Has 51,110 Exposure Cases at June 30

Honeywell International Inc.’s Bendix friction materials business faced 51,110 asbestos-related claims as of June 30, 2009, compared with 51,951 claims as of Dec. 31, 2008.

Bendix faced 51,791 unresolved asbestos claims during the three months ended March 31, 2009. (Class Action…

ASBESTOS LITIGATION: Ruling Upheld in Honeywell’s Favor in 2nd-Q

An appellate court, during the second quarter of 2009, upheld the Supreme Court of New York, County of New York’s ruling in favor of Honeywell International Inc.

In the second quarter of 2006, Travelers Casualty and Insurance Company filed a lawsuit…

ASBESTOS LITIGATION: Bendix, NARCO Liability Recorded at $1.721B

Honeywell International Inc., during the three months ended March 31, 2009, recorded asbestos liabilities of US$1.721 billion, of which US$588 million related to its Bendix friction materials business and US$1.131 billion related to its former subsidiary NARCO (North American Refractories…

ASBESTOS LITIGATION: Oral Arguments in Travelers Set for May 14

Honeywell International Inc. says that oral arguments in a case filed by Travelers Casualty and Insurance Company against the Company and other insurance carriers are scheduled for May 14, 2009.

In the second quarter of 2006, Travelers filed a lawsuit against…

ASBESTOS LITIGATION: Honeywell Records $873Mil NARCO Receivable

Honeywell International Inc.’s consolidated financial statements reflect an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$873 million as of March 31, 2009 and US$877 million as of Dec. 31, 2008.

NARCO (North…

ASBESTOS LITIGATION: Honeywell Cites $1.55B Long-Term Liability

Honeywell International Inc.’s long-term asbestos-related liabilities were US$1.550 billion as of March 31, 2009, compared with US$1.538 billion as of Dec. 31, 2008, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on April…

ASBESTOS LITIGATION: Honeywell Cites $36M Net Litigation Charges

Honeywell International Inc.’s asbestos-related litigation charges, net of insurance, amounted to US$36 million during the three months ended March 31, 2009, compared with US$28 million during the three months ended March 31, 2008.

The Company is a defendant in personal injury…

ASBESTOS LITIGATION: Bendix Has 51,791 Pending Cases at March 31

Honeywell International Inc.’s Bendix friction materials business faced 51,791 unresolved asbestos claims during the three months ended March 31, 2009, compared with 51,951 claims during the year ended Dec. 31, 2008.

Bendix manufactured automotive brake parts that contained chrysotile asbestos in…

ASBESTOS LITIGATION: Honeywell, Chrysler Bid for Autopsy Denied

An appeals court panel, on March 4, 2009, affirmed Superior Court Judge Philip Paley’s ruling, which denied Honeywell International Inc. and Chrysler Motor Corp. the right to have an autopsy performed on Harold St. John, who died of asbestos- related…

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