ASBESTOS UPDATE: SonomaWest Holdings Settles Box’s Calif. Claim

SonomaWest Holdings, Inc., subsequent to March 31, 2011, settled an asbestos lawsuit filed by Eugene Box and Shirley Box for an amount of US$10,000, which amount the Company expects to be paid by the Company’s insurance provider.

In October 2010, the…

ASBESTOS UPDATE: Pneumo Summary Judgment OK’d in Smalley Action

The Court of Appeal, Second District, Division 2, California, affirmed the ruling of the Los Angeles County Superior Court, which upheld Pneumo Abex LLC’s summary judgment in an asbestos case filed on behalf of Donald Smalley.

The case is styled Norma…

ASBESTOS UPDATE: Thomas Posts $1.3MM March 31 Cleanup Liability

Thomas Properties Group, Inc., as of March 31, 2011, has accrued US$1.3 million for estimated future costs of asbestos removal or abatement at its City National Plaza and Brookhollow Central properties.

With respect to asbestos-containing materials present at the City National…

ASBESTOS UPDATE: Cambria Local Sentenced for Disposal Violations

Luther Sherman Akers, a 69 year old man from Cambria, Calif., was sentenced on June 6, 2011, to 20 days in County Jail after entering a no-contest plea agreement on June 1, 2011, to misdemeanor illegal disposal of hazardous waste,…

ASBESTOS UPDATE: Appeal Court Affirms SeaRiver Summary Judgment

The Court of Appeal, First District, California, upheld the ruling of the trial court, which granted summary judgment in favor of SeaRiver Maritime, Inc. in an asbestos case filed by Alan Bartholomew.

The case is styled Alan Bartholomew, Plaintiff and Appellant…

ASBESTOS UPDATE: U.S. Auto Parts Unit Subject to Injury Actions

U.S. Auto Parts Network, Inc.’s subsidiary, Automotive Specialty Accessories and Parts (WAG) is a defendant in several lawsuits involving claims for damages caused by installation of brakes during the late 1960s and early 1970s that contained asbestos.

WAG marketed certain brakes,…

ASBESTOS UPDATE: Digital Realty Cites $1.3MM March 31 Liability

Digital Realty Trust, Inc.’s accruals for estimated retirement obligations were about US$1.3 million as of March 31, 2011 and Dec. 31, 2010.

The Company records accruals for estimated retirement obligations as required by current accounting guidance. The amount of asset retirement…

ASBESTOS UPDATE: Asbestos Cases Pending Against California Water

From time to time, California Water Service Group has been named as a co-defendant in several asbestos related lawsuits, according to the Company’s annual report filed with the Securities and Exchange Commission on May 5, 2011.

Several of these cases against…

ASBESTOS UPDATE: Casey Injury Action V. Kaiser Settled on May 11

After a three-week trial and a half day of deliberations, a jury in San Francisco, on May 11, 2011, found Kaiser Gypsum Company, Inc., a manufacturer of joint compounds and wallboard materials, guilty of acting with oppression or malice by…

ASBESTOS UPDATE: Skilled Healthcare Group’s Liability at $3.91MM

Skilled Healthcare Group, Inc.’s asbestos abatement liability amounted to US$3,908,000 as of March 31, 2011, compared with US$3,871,000 as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 3, 2011.

Skilled…

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