ASBESTOS LITIGATION: Thomas Properties Accrues $900T for Cleanup

Thomas Properties Group, Inc., as of March 31, 2009, accrued US$900,000 for estimated future costs of asbestos removal or abatement at its City National Plaza property, according to the Company’s quarterly report filed with the Securities and Exchange Commission on…

ASBESTOS LITIGATION: Litigation Conference Set for Sept. 14 - 16

A premier Asbestos Litigation Conference is taking place in San Francisco on Sept. 14, 2009 to Sept. 16, 2009, according to a Perrin Conferences, LLC press release dated June 2, 2009.

Co-Chairs are W. Mark Lanier, Esq., of Lanier Law Firm…

ASBESTOS LITIGATION: Katy Ind. Records 2700 Sterling Fluid Cases

Katy Industries, Inc. says that Sterling Fluid Systems (USA) has tendered about 2,700 asbestos cases to the Company for defense and indemnification.

These cases are pending in Michigan, New Jersey, New York, Illinois, Nevada, Mississippi, Wyoming, Louisiana, Georgia, Massachusetts, Missouri, Kentucky,…

ASBESTOS LITIGATION: California Water Subject to Exposure Suits

California Water Services Group, from time to time, has been named as a co-defendant in several asbestos related lawsuits, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 11, 2009.

The Company has been dismissed…

ASBESTOS LITIGATION: Digital Realty Has $1.5M March 31 Liability

Digital Realty Trust, Inc. recorded asbestos retirement obligations of US$1.5 million as of March 31, 2009 and Dec. 31, 2008.

The equivalent asset is recorded at US$1.3 million as of March 31, 2009 and Dec. 31, 2008, net of accumulated depreciation.

The…

ASBESTOS LITIGATION: Appeal Court Upholds Ruling in Cadlo Action

The Court of Appeal, First District, Division 5, California, affirmed a trial court’s ruling, which favored Metalclad Insulation Corporation and John Crane Inc., in an asbestos case filed by Maxlyn Cadlo on behalf of Anthony Cadlo.

The case is styled Maxlyn…

ASBESTOS LITIGATION: 2 Garlock Sealing Trials Commenced in 2009

EnPro Industries, Inc.’s subsidiary, Garlock Sealing Technologies, LLC, during the first quarter of 2009, began two asbestos trials involving two plaintiffs.

In a Kentucky mesothelioma case, the jury awarded the plaintiff US$2.1 million. Garlock’s share of this verdict was US$525,000; Garlock…

ASBESTOS LITIGATION: Anadarko Petroleum Facing Exposure Lawsuits

Anadarko Petroleum Corporation continues to face personal injury claims, including claims by employees of third-party contractors alleging exposure to asbestos, silica and benzene while working at refineries (previously owned by predecessors of acquired companies) located in Texas, California and Oklahoma.

No…

ASBESTOS LITIGATION: Exposure Cases v. McKesson Increase to 475

McKesson Corporation, through its former McKesson Chemical Company division, is named in 475 cases involving the alleged distribution of asbestos, according to the Company’s annual report filed with the Securities and Exchange Commission on May 5, 2009.

The Company was named…

ASBESTOS LITIGATION: Metalclad Still Party to ACE Insurance Suit

Entrx Corporation’s subsidiary, Metalclad Insulation Corporation, continues to be party to insurance litigation filed by ACE Property & Casualty Company, Central National Insurance Company of Omaha and Industrial Underwriters Insurance Company.

On Feb. 23, 2005 ACE, Central National, and Industrial, which…

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