ASBESTOS UPDATE: Midwest Generation Cites $49M June 30 Liability

Midwest Generation, LLC had recorded a US$49 million liability at June 30, 2010 for previous, pending and future asbestos claims, according to the Company’s quarterly report filed on Aug. 5, 2010 with the Securities and Exchange Commission.

There were about 217…

ASBESTOS UPDATE: CNA Fin’l. Has $1.062B Net Reserves at June 30

CNA Financial Corporation’s net asbestos reserves amounted to US$1.062 billion during the six months ended June 30, 2010, compared with US$1.113 billion during the six months ended June 30, 2009.

The Company’s net asbestos reserves amounted to US$1.096 billion during the…

ASBESTOS UPDATE: 5 Suits Filed in Madison County From June 1-4

During the week of June 1, 2010 through June 4, 2010, five new asbestos-related lawsuits were filed in Madison County Circuit Court, Ill., The Madison/St. Clair Record reports.

These cases are:

– (Case No. 10-L-586) Barbara Bach claims her deceased husband, Clarence…

ASBESTOS UPDATE: BorgWarner Involved in Continental Case in Ill.

BorgWarner, Inc. and certain of its historical general liability insurers continue to be party to a declaratory judgment action, filed in January 2004 in the Circuit Court of Cook County, Ill., by Continental Casualty Company and related companies (CNA).

CNA provided…

ASBESTOS UPDATE: 17 Suits Filed in Madison County From June 7-11

During the week of June 7, 2010 through June 11, 2010, a total of 17 new asbestos-related lawsuits were filed in Madison County Circuit Court, Ill., The Madison/St. Clair Record reports.

These cases are:

– (Case No. 10-L-596) Dianna Anderson of South…

ASBESTOS UPDATE: Caterpillar Involved in Unresolved Actions

Caterpillar Inc. continues to face unresolved legal actions involving disputes on product design, manufacture and performance liability (including claimed asbestos and welding fumes exposure), contracts, employment issues, environmental matters or intellectual property rights.

No other asbestos-related matters were disclosed in the…

ASBESTOS UPDATE: 12 Cases Filed During June 14-20 in Madison Co.

During the week of June 14, 2010 through June 20, 2010, about 12 new asbestos-related lawsuits were filed in Madison County Circuit Court, Ill., The Madison/St. Clair Record reports.

These cases are:

– (Case No. 10-L-620) Donald Bauer of Texas, a maintenance…

ASBESTOS UPDATE: Oct. 14 Hearing Set in Action v. Pinski et al.

U.S. District Judge Michael P. McCuskey scheduled an Oct. 14, 2010 status hearing in the U.S. District Court in Urbana, Ill., in an asbestos issue concerning Michael J. Pinski, a Kankakee County developer, The Daily Journal reports.

On July 29, 2010,…

ASBESTOS UPDATE: Generation Reserves $53MM at June 30 for Claims

Exelon Corporation’s subsidiary, Exelon Generation Company, LLC, had reserved about US$53 million at June 30, 2010 and US$49 million at Dec. 31, 2009 in total for asbestos-related bodily injury claims, according to the Company’s quarterly report filed on July 22,…

ASBESTOS UPDATE: Mistrial on McLean County Case Declared July 16

Circuit Judge Scott Drazewski of McLean County, Ill., substituting for McLean County Circuit Judge Michael Prall during deliberations, announced a mistrial on July 16, 2010, regarding an asbestos conspiracy among various corporations, The Madison/St. Clair Record reports.

A single juror rejected…

Page 7 of 23« First...«56789»...Last »