ASBESTOS UPDATE: Open Claims v. American Biltrite Rise to 1,280

American Biltrite Inc. is a co-defendant with many other manufacturers and distributors of asbestos containing products in about 1,280 pending claims involving about 1,826 individuals as of March 31, 2011.

The Company faced 1,261 asbestos-related claims at Dec. 31, 2010, compared…

ASBESTOS UPDATE: ABI Long-Term Liability at $17.7MM at March 31

American Biltrite Inc.’s long-term asbestos-related liabilities amounted to US$17,700,000 as of both March 31, 2011 and Dec. 31, 2010.

The Company’s long-term insurance for asbestos-related liabilities amounted to US$17,646,000 as of both March 31, 2011 and Dec. 31, 2010.

American Biltrite Inc.’s…

ASBESTOS UPDATE: American Biltrite Still Has $13.56M Liabilities

American Biltrite Inc.’s long-term asbestos-related liabilities remain at US$13,563,000 as of June 30, 2009, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.

The Company’s long-term asbestos-related liabilities were US$13,563,000 as of March 31, 2009, the…

ASBESTOS UPDATE: American Biltrite Faces 1,257 Claims at June 30

American Biltrite Inc. is a co-defendant with many other manufacturers and distributors of asbestos containing products in 1,257 pending claims involving 1,812 individuals as of June 30, 2009.

The Company was a co-defendant with many other manufacturers and distributors of asbestos…

ASBESTOS LITIGATION: American Biltrite Has 1,281 Pending Claims

American Biltrite Inc. is a co-defendant with many other manufacturers and distributors of asbestos containing products in 1,281 pending claims involving 1,836 individuals as of March 31, 2009, according to the Company’s quarterly report filed with the Securities and Exchange…

ASBESTOS LITIGATION: ABI Records $13.56M Liabilities at March 31

American Biltrite Inc.’s long-term asbestos-related liabilities were US$13,563,000 as of March 31, 2009, the same as for the period ended Dec. 31, 2008, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 15, 2009.

The…

ASBESTOS LITIGATION: Koons Case v. 37 Companies Filed on June 3

Geri A. Koons, on behalf of Lewis Ayala, filed an asbestos lawsuit against 37 defendant corporations in Jefferson County District Court, Tex., on June 2, 2009, The Southeast Texas Record reports.

These defendants include, A.O. Smith Corp., A.W. Chesterton Co., Afton…

ASBESTOS LITIGATION: American Biltrite Has 1,269 Pending Claims

American Biltrite Inc. is a co-defendant with many other manufacturers and distributors of asbestos containing products in 1,269 pending claims involving 1,824 individuals as of Dec. 31, 2008, according to the Company’s annual report filed with the Securities and Exchange…

ASBESTOS LITIGATION: ABI Records $13.56Mil Liability at Dec. 31

American Biltrite Inc.’s long-term asbestos-related liabilities were US$13,563,000 at Dec. 31, 2008, compared with US$12.6 million at Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on March 30, 2009.

The Company’s long-term asbestos-related…

ASBESTOS LITIGATION: ABI Assessing Coverage Costs at Maine Sites

American Biltrite Inc. is still assessing the potential availability of insurance coverage for costs over a former vinyl plant in Lisbon Falls, Maine.

The State of Maine Department of Environmental Protection (Maine DEP) has put Miller Industries, Inc, the present owner…