Sealed Air Corporation, since the beginning of 2000, has been served with lawsuits alleging that, as a result of the Cryovac transaction, it is responsible for alleged asbestos liabilities of W. R. Grace & Co. and its subsidiaries, some of…
Sealed Air Corporation’s Canadian subsidiary Sealed Air (Canada) Co./Cie, since November 2004, has been a defendant in the case of Thundersky v. The Attorney General of Canada, et al. (File No. CI04-01-39818), pending in the Manitoba Court of Queen’s Bench.
W.…
The Superior Court of Justice, Commercial List, Toronto (Canadian Court) has entered an order extending the stay in actions involving Sealed Air Corporation until Oct. 1, 2009.
In April 2001, Grace Canada, Inc. had obtained an order of the Canadian Court,…
Sealed Air Corporation continues to be involved in the case styled Senn v. Hickey, et al. (Case No. 03-CV-4372), filed in the U.S. District Court for the District of New Jersey (Newark).
This lawsuit, filed on Sept. 15, 2003, seeks class…
Sealed Air Corporation continues to be a party to W. R. Grace & Co.’s asbestos-related lawsuits in Canadian courts.
In November 2004, the Company’s Canadian subsidiary Sealed Air (Canada) Co./Cie learned that it had been named a defendant in the case…
Sealed Air Corporation is still involved in the bankruptcy proceedings of W. R. Grace & Co.
On Nov. 27, 2002, the Company reached an agreement in principle with the Official Committee of Asbestos Personal Injury Claimants (ACC) and the Official Committee…
Sealed Air Corporation’s current asbestos liability and related accrued interest was US$707.8 million as of Dec. 31, 2008, compared with US$670.9 million as of Dec. 31, 2007, according to a Company report, on Form 8-K, filed with the Securities and…