ASBESTOS UPDATE: Ingersoll-Rand Posts $649.9MM Net Liabilities

Ingersoll-Rand plc’s net asbestos-related liabilities amounted to US$649.9 million as of June 30, 2011, compared with US$674.3 million as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 28, 2011.

Total…

ASBESTOS UPDATE: Ingersoll-Rand Units Named in Exposure Actions

Certain wholly owned subsidiaries of Ingersoll-Rand plc are named as defendants in asbestos-related lawsuits in state and federal courts.

In virtually all of the suits, a large number of other companies have also been named as defendants. The vast majority of…

ASBESTOS UPDATE: Gladden Case v. 30 Firms Filed on May 3 in Tex.

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…

ASBESTOS UPDATE: Harper Case v. 18 Companies Filed in Jefferson

An asbestos lawsuit by Gilbert L. Harper and his wife, Bonita L. Harper, against 18 defendant corporations was filed on Aug. 25, 2009 in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Defendants include: A.O. Smith Corporation, A.W. Chesterton…

ASBESTOS LITIGATION: Ingersoll-Rand Records $1.159Bil Liability

Ingersoll-Rand plc’s liability for asbestos-related matters was US$1.159 billion at June 30, 2009, compared with US$1.195 billion at Dec. 31, 2008.

The Company’s liability for asbestos related matters was US$1.179 billion at March 31, 2009. (Class Action Reporter, June 5, 2009)

The…

ASBESTOS LITIGATION: Ingersoll Units Still Face Injury Lawsuits

Certain wholly owned subsidiaries of Ingersoll-Rand plc are still named as defendants in asbestos-related lawsuits in state and federal courts.

In virtually all of the suits, a large number of other companies have also been named as defendants.

The vast majority of…

ASBESTOS LITIGATION: Leleux Suit Filed v. 49 Defendants in Texas

Alicia Kay Prichard, on behalf of Clevines Leleux, filed an asbestos-related lawsuit against 49 defendant corporations in Jefferson County District Court, Tex., on May 28, 2009, The Southeast Texas Record reports.

Ms. Prichard claims that Mr. Leleux developed an asbestos- related…

ASBESTOS LITIGATION: Surgers’ Lawsuit Filed v. 82 Firms in Texas

Alfredene Surgers, on behalf of her late husband Joseph Wayne Surgers, on March 23, 2009, filed an asbestos-related lawsuit in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Some of the 82 defendants in the suit are A.W. Chesterton…