ASBESTOS UPDATE: Exposure Lawsuits Still Ongoing v. Bondex, SPHC

RPM International Inc. says that Bondex International, Inc. and Specialty Products Holding Corp. are defendants in various asbestos-related bodily injury lawsuits filed in various state courts, according to the Company’s quarterly report filed on Oct. 7, 2011 with the U.S.…

ASBESTOS UPDATE: Bondex, SPHC Appeal in Insurance Action Ongoing

The appeal from RPM International Inc.’s Bondex International, Inc. subsidiary and Specialty Products Holding Corp. over an asbestos-related insurance case is ongoing in the U.S. Court of Appeals for the Sixth Circuit.

During calendar year 2003, Bondex and SPH’s third-party insurers…

ASBESTOS UPDATE: RPM Int’l.’s Unit Denied Asbestos Claims Data

A court ruled that RPM International Inc.’s Bondex International Inc. subsidiary is unable to acquire data on compensation paid to asbestos victims the company wants to use to calculate future liabilities, Bloomberg reports.

On July 26, 2011, U.S. Bankruptcy Judge Judith…

ASBESTOS UPDATE: RPM Int’l. to Fund Trust for Asbestos Victims

Gregory Gordon, Esq., said on March 29, 2011 that RPM International Inc. will contribute an unspecified amount of money to win protection from future asbestos lawsuits, Bloomberg reports.

Mr. Gordon said before a U.S. Judge at a hearing in Wilmington, Del.,…

ASBESTOS UPDATE: Bondex, SPHC Still Party to Bodily Injury Suits

RPM International Inc.’s subsidiary Bondex International, Inc., and its parent, Specialty Products Holding Corp., remain as defendants in various asbestos-related bodily injury lawsuits filed in various state courts.

On May 31, 2010, Bondex and SPHC filed voluntary petitions for relief under…

ASBESTOS UPDATE: RPM Units’ Bid in Coverage Action Still Pending

An appeal filed by subsidiaries of RPM International Inc. over asbestos-related coverage litigation is pending in the U.S. Sixth Circuit Court of Appeals.

At present, the appellate court has not yet entered a scheduling order in connection with the appeal.

In fiscal…

ASBESTOS UPDATE: RPM Int’l. Has $396.77M Liabilities at Aug. 31

RPM International Inc.’s long-term asbestos-related liabilities amounted to US$396,772,000 as of Aug. 31, 2009, compared with US$425,328,000 as of May 31, 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Oct. 5, 2009.

The Company’s…

ASBESTOS UPDATE: 10,271 Actions Ongoing v. RPM Units at Aug. 31

RPM International Inc.’s subsidiaries faced a total of 10,271 active asbestos cases as of Aug. 31, 2009, compared with a total of 11,399 cases as of Aug. 31, 2008, according to the Company’s quarterly report filed with the Securities and…

ASBESTOS LITIGATION: 10,173 Cases Ongoing v. RPM Units at May 31

RPM International, Inc.’s subsidiaries faced a total of 10,173 active asbestos cases as of May 31, 2009, compared with a total of 11,202 cases as of May 31, 2008, according to the Company’s annual report filed with the Securities and…

ASBESTOS LITIGATION: RPM Int’l. Has $425.3MM Liability at May 31

RPM International, Inc.’s long-term asbestos liabilities were US$425,328,000 as of May 31, 2009, compared with US$494,745,000 as of May 31, 2008, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July 27, 2009.

The…

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