ASBESTOS LITIGATION: Douglas Emmett Has Hazard in 23 Properties

Douglas Emmett, Inc. says that environmental site assessments and investigations have identified 23 properties in its portfolio containing asbestos.

The asbestos would have to be removed in compliance with applicable environmental regulations if these properties undergo major renovations or are demolished.

As…

ASBESTOS LITIGATION: Leslie Has 1,158 Active Cases at June 2009

CIRCOR International, Inc.’s subsidiary, Leslie Controls, Inc., as of the end of June 2009, faced 1,158 active, unresolved asbestos-related claims filed in California, Texas, New York, Massachusetts, Illinois, Pennsylvania, West Virginia, Rhode Island and 23 other states.

Leslie, as of March…

ASBESTOS LITIGATION: District Court OKs Dennis’ Motion to Remand

The U.S. District Court, Northern District of California, granted William Dennis and Joanne Dennis’ motion to remand an asbestos case filed against Foster Wheeler LLC.

The case is styled William Dennis and Joanne Dennis, Plaintiffs v. Allis-Chalmers Corporation Product Liability Trust,…

ASBESTOS LITIGATION: Kaiser Records $3.4M Retirement Obligations

Kaiser Aluminum Corporation’s estimated fair value of conditional asset retirement obligations (CAROs), including for asbestos, at June 30, 2009 was US$3.4 million.

The Company’s estimated fair value of CAROs, including for asbestos, at March 31, 2009 was US$3.3 million. (Class Action…

ASBESTOS LITIGATION: Petition Granted in Valdez Action in Calif.

The Court of Appeal, Fourth District, Division 1, California, granted a petition filed by Jose and Virginia Valdez in a case filed against The Superior Court of San Diego County, Respondent; Certainteed Corporation et al., Real Parties in Interest.

Judges Patricia…

ASBESTOS LITIGATION: Pier 70 in San Francisco in Need of Cleanup

San Francisco city officials hope to secure funding to renovate Pier 70, remove asbestos, and develop the area, Mesothelioma.com reports.

About 50 acres of prime waterfront property makes up Pier 70, which is located south of the Mission Bay area. Developers…

ASBESTOS LITIGATION: Calif. Court Junks Review Bid in Crane Case

The California Supreme Court, on July 8, 2009, denied a review bid for an asbestos liability case in which a Los Angeles judge blasted the unnamed plaintiff’s firm, Waters & Kraus, for engaging in a “type of judicially sanctioned extortion,”…

ASBESTOS LITIGATION: 135 Cases Pending v. GenCorp Inc. at May 31

GenCorp Inc. faced 135 pending asbestos cases as of May 31, 2009, compared with 157 cases pending as of Nov. 30, 2008, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 7, 2009.

The Company…

ASBESTOS LITIGATION: Appeal Court Flips Ruling in Lennar Lawsuit

The Court of Appeal, First District, Division 4, California, reversed the ruling of the Superior Court of the City and County of San Francisco, which entered judgment in favor of respondents in the case styled Center for Self-Improvement and Community…

ASBESTOS LITIGATION: Split Ruling Issues in Employers Ins. Case

The Court of Appeal, Second District, California, issued split rulings in the case styled Employers Insurance Company of Wausau, Plaintiff and Respondent v. Pacific Employers Insurance Company, Defendant and Appellant.

Judges Sandy R. Kriegler, Richard M. Mosk, and Paul Turner entered…

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