ASBESTOS UPDATE: Exposure Actions Still Pending v. Spence, Hoke

CIRCOR International Inc. says small numbers of asbestos-related claims have been filed against two of its subsidiaries: Spence and Hoke.

The Company acquired Spence in 1984 and Hoke in 1998.

CIRCOR International, Inc. designs, manufactures and markets valves and other highly engineered…

ASBESTOS UPDATE: Leslie Controls Has $1.64MM Liability at July 3

CIRCOR International, Inc.’s Leslie Controls, Inc. subsidiary recorded current asbestos and bankruptcy-related liabilities of US$1,642,000 as of July 3, 2011, compared with US$79,831,000 as of Dec. 31, 2010, according to a Company press release dated Aug. 4, 2011.

Leslie recorded asbestos-…

ASBESTOS UPDATE: CIRCOR Int’l. Posts $1.8MM for Leslie Indemnity

CIRCOR International, Inc. says that, as of April 3, 2011, it said it believed that the aggregate amount of asbestos-related indemnity (on a cash basis) remaining on subsidiary Leslie Controls, Inc.’s primary layer of insurance was about US$1.8 million.

Leslie had…

ASBESTOS UPDATE: Spence, Hoke Still Subject to Exposure Actions

CIRCOR International, Inc. says small numbers of asbestos-related claims have been filed against two of its subsidiaries: Spence and Hoke.

The Company acquired Spence in 1984 and Hoke in 1998.

CIRCOR International, Inc. designs, manufactures and markets valves and other highly engineered…

ASBESTOS UPDATE: Leslie Records $79.80MM Liabilities at April 3

CIRCOR International, Inc. says that subsidiary Leslie Controls, Inc. recorded asbestos- and bankruptcy-related liabilities of US$79,801,000 as of April 3, 2011, compared with US$79,831,000 as of Dec. 31, 2010, according to a Company press release dated May 5, 2011.

During the…

ASBESTOS UPDATE: CIRCOR Unit Emerges From Bankruptcy Protection

CIRCOR International, Inc., on April 28, 2011, announced that the Company and its wholly owned subsidiary, Leslie Controls, Inc. have funded the Section 524(g) asbestos trust established under Leslie’s Chapter 11 reorganization plan affirmed in February 2011 by the U.S.…

ASBESTOS UPDATE: Court OKs Confirmation of Leslie Controls’ Plan

CIRCOR International, on Feb. 7, 2011, announced that the U.S. District Court for the District of Delaware has affirmed the U.S. Bankruptcy Court’s confirmation of the amended pre-negotiated Chapter 11 reorganization plan filed by its wholly owned subsidiary, Leslie Controls,…

ASBESTOS UPDATE: Leslie Controls Faces 1,214 Cases at July 4

CIRCOR International, Inc.’s subsidiary, Leslie Controls, Inc., faced 1,214 open asbestos-related cases during the three months ended July 4, 2010, according to the Company’s quarterly report filed on Aug. 2, 2010 with the Securities and Exchange Commission.

During the three months…

ASBESTOS UPDATE: Spence, Hoke Still Involved in Exposure Actions

Smaller numbers of asbestos-related claims are pending against CIRCOR International, Inc.’s two other subsidiaries — Spence, the stock of which the Company acquired in 1984; and Hoke, the stock of which the Company acquired in 1998.

No other asbestos matters related…

ASBESTOS UPDATE: Leslie Controls Cites $28.9MM Charges at July 4

CIRCOR International, Inc.’s subsidiary, Leslie Controls, Inc., recorded asbestos and bankruptcy charges of US$28,908,000 during the three months ended July 4, 2010, compared with US$3,443,000 during the three months ended June 28, 2009, according to the Company’s quarterly report filed…

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