ASBESTOS UPDATE: Kaiser Operating Costs Decrease to $292T in 1Q

Kaiser Ventures LLC’s operating costs decreased to US$292,000 for the first quarter of 2010 from US$388,000 for the same period in 2009, in which the decrease relates to the completion of the amortization of the previously recorded costs of mitigating…

ASBESTOS LITIGATION: Kaiser Ventures Records 18 Actions in 2008

Kaiser Ventures LLC, in 2008, recorded 18 active asbestos- related lawsuits, according to the Company’s annual report filed with the Securities and Exchange Commission on March 30, 2009.

The Company said that 15 active suits were pending, primarily bodily injury, against…