ASBESTOS UPDATE: Texas Court Affirms Pre-Trial Ruling in Emmite

The Court of Appeals of Texas, Houston (1st Dist.), affirmed the order of the multi-district litigation (MDL) pretrial court, which denied Union Carbide Corporation’s motion and renewed motion to dismiss the asbestos claims made by the estate of Joseph Emmite,…

ASBESTOS UPDATE: Appeal Court Reverses Ruling in Bozeman Lawsuit

The Court of Appeal of Louisiana, Second Circuit, reversed the ruling of the First Judicial District Court for the Parish of Caddo Louisiana, which granted the City of Shreveport’s exception of no cause of action, in an asbestos case filed…

ASBESTOS UPDATE: Miss. Judge Dismissed From $322MM Asbestos Case

The Mississippi Supreme Court on Oct. 4, 2011, said that Smith County Circuit Court Judge Eddie Bowen should recuse himself from further proceedings in an asbestos lawsuit, which produced a US$322 million verdict against Union Carbide Corporation and Chevron Phillips…

ASBESTOS UPDATE: Ga. Appeals Court Affirms Rulings in Butler Case

The Court of Appeals of Georgia affirmed rulings in a case involving asbestos filed by the family of Walter Butler against Union Carbide Corporation.

Judge Mikell entered judgment in Case No. A11A0481 on June 15, 2011.

This is a toxic tort case…

ASBESTOS UPDATE: Fla. Jury Awards $20MM Compensation to Garrison

A jury in Broward County, Fla., awarded US$20,646,000 to Charles Garrison and his wife, Cynthia, on Sept. 16, 2011, in a Broward County courtroom, according to a press release dated Sept. 20, 2011 by The Ferraro Law Firm.

The 61-year-old Mr.…

ASBESTOS UPDATE: Union Carbide Posts $50MM Receivable at June 30

Union Carbide Corporation’s receivable for insurance recoveries related to its asbestos liability was US$50 million at both June 30, 2011 and Dec. 31, 2010.

At Dec. 31, 2002, the Company increased the receivable for insurance recoveries related to its asbestos liability…

ASBESTOS UPDATE: Union Carbide Engaged in N.Y. Insurance Action

Union Carbide Corporation’s asbestos-related insurance litigation filed in New York court is ongoing.

In September 2003, the Company filed a comprehensive insurance coverage case, now proceeding in the Supreme Court of the State of New York, County of New York, seeking…

ASBESTOS UPDATE: Union Carbide Posts $28MM June 30 Defense Costs

Union Carbide Corporation recorded defense costs of US$28 million during the six months ended June 30, 2011, compared with US$36 million during the six months ended June 30, 2010.

The Company posted asbestos-related defense costs of US$13 million during the three…

ASBESTOS UPDATE: Union Carbide Facing 57,957 Claims at June 30

Union Carbide Corporation faced 57,957 unresolved asbestos claims at June 30, 2011, compared with 66,090 claims at June 30, 2010, according to the Company’s quarterly report filed on Aug. 3, 2011 with the Securities and Exchange Commission.

The Company faced 61,249…

ASBESTOS UPDATE: Miss. Court Stalls Proceedings in Brown’s Case

The Mississippi Supreme Court has stopped all proceedings in an asbestos case that resulted in a record US$322 million verdict in favor of Thomas “Tony” Brown Jr. until a decision is made on whether the trial judge should be removed,…

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