ASBESTOS UPDATE: Cork Worker’s Family Awarded EUR190T in Payout

On Oct. 15, 2011, the family of John Carroll, from Knocknaheeny, Cork, Ireland, was awarded EUR190,000 compensation for Mr. Carroll’s asbestos injuries and subsequent death in April 2009 at the age of 61, the Irish Examiner reports.

The case was brought…

ASBESTOS UPDATE: James Hardie Records $38.2MM June 30 Adjustment

James Hardie Industries SE’s asbestos adjustments resulting from the effect of foreign exchange movements were unfavorable adjustments of US$38.2 million during the quarter ended June 30, 2011, compared with favorable adjustments of US$63.1 million during the quarter ended June 30,…

ASBESTOS UPDATE: Hardie Posts $115.4MM June 30 Current Liability

James Hardie Industries SE’s current asbestos liability amounted to US$115.4 million as of June 30, 2011, compared with US$111.1 million as of March 31, 2011.

Current asbestos-related restricted cash and cash equivalents were US$41.5 million as of June 30, 2011, compared…

ASBESTOS UPDATE: James Hardie Has 556 Pending Claims at June 30

James Hardie Industries SE faced 556 open asbestos-related claims during the three months ended June 30, 2011, compared with 564 claims during the year ended March 31, 2011.

During the three months ended June 30, 2011, the Company recorded 101 new…

ASBESTOS UPDATE: Ingersoll-Rand Posts $649.9MM Net Liabilities

Ingersoll-Rand plc’s net asbestos-related liabilities amounted to US$649.9 million as of June 30, 2011, compared with US$674.3 million as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 28, 2011.

Total…

ASBESTOS UPDATE: Cooper Ind. Posts $250MM Trust Settlement Fund

Cooper Industries plc recorded an asbestos trust settlement funding of US$250 million during the six months ended June 30, 2011, according to a Company press release dated July 21, 2011.

During the first six months of 2011, the Company reported free…

ASBESTOS UPDATE: James Hardie Has $5.3MM Adjustment at March 31

James Hardie Industries SE’s results include favorable asbestos adjustments of US$5.3 million for the quarter ended March 31, 2011, according to a Company report, on Form 6-K, filed with the Securities and Exchange Commission on May 20, 2011.

For the full…

ASBESTOS UPDATE: 11.2T Cases Pending v. Mallinckrodt at March 25

Covidien Public Limited Company says that, as of March 25, 2011, there were about 11,200 asbestos liability cases pending against subsidiary Mallinckrodt Inc., according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 3, 2011.

As…

ASBESTOS UPDATE: Ingersoll-Rand March 31 Liability Totals $999MM

Ingersoll-Rand plc’s total asbestos-related liabilities were US$999 million as of March 31, 2011, compared with US$1.020 billion as of Dec. 31, 2010, of which US$655.1 million were net liabilities at March 31, 2011 and US$674.3 million were net liabilities at…

ASBESTOS UPDATE: Ireland Dealing With 12 Asbestos Exposure Cases

The State Claims Agency in Ireland confirmed that the State of Ireland is currently dealing with 12 claims from people who say they were exposed to asbestos in publicly-owned properties, The Irish Times reports.

Since the Agency was established 10 years…

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