ASBESTOS UPDATE: Digital Realty Cites $1.3MM Liability at June 30

The amount included in accounts payable and other accrued liabilities on Digital Realty Trust, Inc.’s condensed consolidated balance sheets was about US$1.3 million as of June 30, 2010 and Dec. 31, 2009.

The Company records accruals for estimated retirement obligations as…

ASBESTOS UPDATE: Skilled Healthcare June 30 Liability at $3.84MM

Skilled Healthcare Group, Inc.’s long-term asbestos abatement liability amounted to US$3,849,000 as of June 30, 2010, compared with US$5,486,000 as of Dec. 31, 2009.

The Company’s long-term asbestos abatement liability amounted to US$5,558,000 as of March 31, 2010. (Class Action Reporter,…

ASBESTOS UPDATE: Kaiser Aluminum Records $3.7MM CAROs at June 30

Kaiser Aluminum Corporation says the estimated fair value of conditional asset retirement obligation liabilities was US$3.7 million at June 30, 2010 and US$3.5 million at Dec. 31, 2009.

The Company’s estimated fair value of CARO liabilities was US$3.6 million at March…

ASBESTOS UPDATE: Lowe Pleads Guilty to False Training in Calif.

The San Francisco Appeal reports that on July 29, 2010, Rogelio Lowe, the owner of a safety consulting company, pleaded guilty to two counts on issuing fraudulent training certificates for asbestos workers, Mesothelioma.com reports.

Mr. Lowe, of Thornton, Calif., pleaded guilty…

ASBESTOS UPDATE: Powers’ Remand Bid Affirmed in Case v. Rockwell

The U.S. District Court for the Northern District of California granted Dale Powers’ motion to remand, in an asbestos case involving Rockwell Automation, Inc.

The case is styled Dale Powers, Plaintiff v. Allis-Chalmers Corporation Product Liability Trust, et al., Defendants.

District Judge…

ASBESTOS UPDATE: O’Neil Action Subject to Appellate Proceedings

Crane Co. says that the Patrick O’Neil asbestos-related claim is currently the subject of further appellate proceedings before the Supreme Court of California.

During the fourth quarter of 2007 and the first quarter of 2008, the Company tried several cases resulting…

ASBESTOS UPDATE: Petition for Rehearing Denied in Collins Action

The Court of Appeal, First District, Division 1, California, denied a petition for rehearing in an asbestos case styled Cloristeen Collins, et al., Plaintiffs and Respondents v. Plant Insulation Company, Defendant and Appellant.

The court entered judgment on Case No. A124268…

ASBESTOS UPDATE: Cleanup at Former Leatherback Site Costs $130T

The discovery of tainted soil and asbestos at the defunct Leatherback Industries site in Hollister, Calif. added US$130,000 to the cost for the Hollister Redevelopment Agency, the Hollister Free Lance reports.

This brings the total contract cost to US$401,000.

Hollister City Council…

ASBESTOS UPDATE: Court OKs Moore Remand Bid in Case v. Metalclad

The U.S. District Court, Northern District of California, San Francisco Division, granted Homer Moore’s motion to remand an asbestos lawsuit filed against various defendants, including Metalclad Insulation Corporation.

The case is styled Homer Moore, Plaintiff v. Asbestos Defendants (B*P), et al,…

ASBESTOS UPDATE: GenCorp Inc. Faces 139 Pending Claims at May 31

GenCorp Inc. was party to 139 pending asbestos claims during the six months ended May 31, 2010, compared with 134 claims during the year ended Nov. 30, 2009, according to the Company’s quarterly report filed on July 9, 2010 with…

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