Ingersoll-Rand plc’s subsidiary, Trane Inc., continues to be in litigation in New Jersey against certain carriers whose policies it believes provide coverage for asbestos claims.
Trane has now settled with the majority of its insurers, collectively accounting for about 95% of…
Ingersoll-Rand plc’s total asbestos-related liabilities were US$999 million as of March 31, 2011, compared with US$1.020 billion as of Dec. 31, 2010, of which US$655.1 million were net liabilities at March 31, 2011 and US$674.3 million were net liabilities at…
Ingersoll-Rand plc’s subsidiary, Trane Inc., continues to be in litigation against certain carriers whose policies it believes provide coverage for asbestos claims.
The insurance carriers named in this suit have challenged Trane’s right to recovery. Trane filed the action in April…
Ingersoll-Rand plc’s liability for asbestos-related matters totaled US$1.081 billion at June 30, 2010, compared with US$1.113 billion at Dec. 31, 2009.
The Company’s liability for asbestos-related matters totaled US$1.097 billion at March 31, 2010. (Class Action Reporter, May 28, 2010)
The Company’s…
The U.S. District Court, Southern District of Indiana, Terre Haute Division, denied Foster Wheeler LLC’s motion to strike and dismiss Paragraph 27 of Dennis and Suzanne Crowder’s asbestos- related complaint.
The case is styled Dennis Crowder and Suzanne Crowder, Plaintiffs v.…
Tommy J. and Linda Harrell, on Aug. 31, 2009, filed an asbestos lawsuit against 36 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Defendants in the suit include Afton Pumps Inc., Amerflex Rubber and Gasket, AMETEK…
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…
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…