ASBESTOS UPDATE: Union Carbide Has 66,099 Open Claims at June 30

Union Carbide Corporation faced 66,099 unresolved asbestos claims at June 30, 2010, compared with 74,957 unresolved claims at June 30, 2009, according to the Company’s quarterly report filed on Aug. 4, 2010 with the Securities and Exchange Commission.

The Company faced…

ASBESTOS UPDATE: Union Carbide Still Has $84M June 30 Receivable

Union Carbide Corporation’s receivable for insurance recoveries related to its asbestos liability was US$84 million at June 30, 2010 and Dec. 31, 2009, according to the Company’s quarterly report filed on Aug. 4, 2010 with the Securities and Exchange Commission.

At…

ASBESTOS UPDATE: Union Carbide Cites $36MM June 30 Defense Costs

Union Carbide Corporation recorded US$36 million defense costs for asbestos-related claims during the six months ended June 30, 2010, compared with US$20 million during the six months ended June 30, 2009, according to the Company’s quarterly report filed on Aug.…

ASBESTOS UPDATE: Union Carbide’s Insurance Case Ongoing in N.Y.

Union Carbide Corporation continues to pursue an asbestos-related comprehensive insurance coverage action in the Supreme Court of the State of New York, County of New York.

In September 2003, the Company filed the comprehensive insurance coverage case, seeking to confirm its…

ASBESTOS UPDATE: Ky. Jury Favors Union Carbide in McCauley Claim

A jury in Louisville, Ky., voted 9-3 in favor of the defense after a six-day trial against Union Carbide Corporation, the sole defendant in a case filed by 45-year-old Eddie McCauley that began with nearly 30 defendants, Law.com reports.

Mr. McCauley…

ASBESTOS UPDATE: Chancey Claim v. 48 Firms Filed May 14 in W.Va.

Shirley Guy and Louise Dale Chancey, on May 14, 2010, filed an asbestos-related lawsuit against 48 defendant corporations in Kanawha Circuit Court, W.Va., The West Virginia Record reports.

The suit says that Mr. Chancey was diagnosed with lung cancer on Aug.…

ASBESTOS UPDATE: Foster Wheeler’s Bid in Crowder Lawsuit Denied

The U.S. District Court, Southern District of Indiana, Terre Haute Division, denied Foster Wheeler LLC’s motion to strike and dismiss Paragraph 27 of Dennis and Suzanne Crowder’s asbestos- related complaint.

The case is styled Dennis Crowder and Suzanne Crowder, Plaintiffs v.…

ASBESTOS UPDATE: Court OKs Union Carbide Judgment in Ross Action

The Court of Appeals of Texas, Houston (14th District), affirmed the 133rd District Court, Harris County’s ruling, which granted summary judgment in favor of Union Carbide Corporation, in an asbestos case filed by Marjorie Ross on behalf of her late…

ASBESTOS UPDATE: Defense Verdict Announced in Union Carbide Case

The law firm of Forman Perry Watkins Krutz & Tardy LLP announces a take-nothing defense verdict in a Mississippi asbestos exposure lawsuit in favor of Union Carbide Corporation and two other defendants, including ConocoPhillips Company and Montello, Inc., according to…

ASBESTOS UPDATE: Court Reverses Ruling in Van Landingham Action

The Court of Appeals of Kentucky reversed the ruling of the Pulaski Circuit Court in an asbestos case styled Paul T. Van Landingham, Appellant v. Georgia-Pacific Corporation; Clay-Ingels Company; and Union Carbide Corporation, Appellees.

Judges Caperton, Thompson, and Wine entered judgment…

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