ASBESTOS UPDATE: Owens-Illinois Posts $35MM Payments at June 30

Owens-Illinois, Inc.’s asbestos-related cash payments during the second quarter of 2011 were US$35 million, compared to US$43 million in the second quarter of 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: 5,700 Claims Open v. Owens-Illinois at June 30

Owens-Illinois, Inc. says that, as of June 30, 2011, it has determined that it is a named defendant in asbestos lawsuits and claims involving about 5,700 plaintiffs and claimants, according to the Company’s quarterly report filed with the Securities and…

ASBESTOS UPDATE: Owens-Illinois Cites $33MM Payments at March 31

Owens-Illinois, Inc. recorded asbestos-related payments of US$33 million during the three months ended March 31, 2011, compared with US$34 million during the three months ended March 31, 2010.

Current asbestos-related liabilities were US$170 million as of both March 31, 2011 and…

ASBESTOS UPDATE: Owens-Illinois Facing 5,900 Claims at March 31

Owens-Illinois, Inc., as of March 31, 2011, has determined that it is a named defendant in asbestos lawsuits and claims involving about 5,900 plaintiffs and claimants, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: Owens-Illinois Posts $179MM Payments in Q4 2010

Owens-Illinois, Inc.’s asbestos-related cash payments during the full year and fourth quarter of 2010 were US$179 million and US$65 million, respectively, according to a Company press release dated Jan. 26, 2011.

These payments compare with US$190 million and US$68 million for…

ASBESTOS UPDATE: Atkins Action v. 20 Firms Filed Aug. 9 in Texas

Jack Atkins on Aug. 9, 2010, filed an asbestos-related lawsuit against 20 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Mr. Atkins claims he developed an asbestos-related disease different from the other non-malignant asbestos-related disease for…

ASBESTOS UPDATE: Owens-Illinois Has 6,400 Claims at June 30

Owens-Illinois, Inc., as of June 30, 2010, has determined that it is a named defendant in asbestos lawsuits and claims involving about 6,400 plaintiffs and claimants, according to the Company’s quarterly report filed on July 29, 2010 with the Securities…

ASBESTOS UPDATE: Owens-Illinois Records $43M Payments at June 30

Owens-Illinois, Inc.’s asbestos-related cash payments during the second quarter of 2010 were US$43 million, down from US$49 million during the second quarter of 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: Mistrial on McLean County Case Declared July 16

Circuit Judge Scott Drazewski of McLean County, Ill., substituting for McLean County Circuit Judge Michael Prall during deliberations, announced a mistrial on July 16, 2010, regarding an asbestos conspiracy among various corporations, The Madison/St. Clair Record reports.

A single juror rejected…

ASBESTOS UPDATE: Ala. Court OKs Denial of Owens-Illinois Motions

The Supreme Court of Alabama upheld the Colbert Circuit Court’s denial of Owens-Illinois, Inc.’s motions for summary judgment in six asbestos lawsuits.

Judges Sue Bell Cobb, Champ Lyons Jr., Thomas A. Woodall, Patricia M. Smith, Michael F. Bolin, Tom Parker, Lyn…

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