RBS Global, Inc. is involved in 600 lawsuits (with 3,500 claimants) over alleged personal injuries due to asbestos in certain brakes and clutches previously made by its Stearns division and its predecessor owners, according to the Company’s quarterly report filed…
RBS Global, Inc.’s Falk unit, through its successor entity, is a defendant in 190 lawsuits pending in state or federal court in numerous jurisdictions relating to alleged personal injuries due to the alleged presence of asbestos in certain clutches and…
RBS Global, Inc. estimates that its available insurance to cover its potential asbestos liability as of Sept. 26, 2009, is about US$271.5 million.
However, principally as a result of the past insolvency of certain of the Company’s insurance carriers, certain coverage…
RBS Global, Inc. is party to 650 lawsuits with about 5,400 claimants over alleged personal injuries due to asbestos in certain brakes and clutches previously made by its Stearns division and its predecessor owners.
Invensys plc and FMC, prior owners of…
One of RBS Global Inc.’s Water Management’s subsidiaries, Zurn Industries, LLC, and 100 unrelated companies, as of March 31, 2009, faced about 5,800 asbestos lawsuits with about 39,500 claims.
Zurn and 115 unrelated companies, as of Dec. 27, 2008, faced about…
RBS Global, Inc.’s Falk unit, through its successor entity, faces 170 lawsuits pending in state or federal court in numerous jurisdictions relating to alleged personal injuries due to the alleged presence of asbestos in certain clutches and drives previously manufactured…
RBS Global, Inc. says that its available insurance to cover its potential asbestos liability as of March 31, 2009 is US$276 million, according to the Company’s annual report filed with the Securities and Exchange Commission on May 29, 2009.
However, principally…
RBS Global, Inc.’s Prager subsidiary is still a defendant in a pending multi-defendant lawsuit relating to alleged personal injuries due to the alleged presence of asbestos in a product allegedly manufactured by Prager.
There are about 3,700 claimants in this Prager…