Cooper Industries plc, as of Sept. 30, 2009, estimates that the undiscounted asbestos liability for pending and future indemnity and defense costs for the next 45 years will be US$797 million.
As of June 30, 2009, the Company estimated that the…
Cooper Industries plc, at Sept. 30, 2009, recorded 22,977 pending asbestos-related claims that are part of its obligation to Pneumo-Abex Corporation.
At June 30, 2009, Cooper Industries, Ltd. recorded 23,028 pending asbestos-related claims that were part of its obligation to Pneumo-Abex.…
Ingersoll-Rand plc’s liability for asbestos-related matters was US$1.159 billion at June 30, 2009, compared with US$1.195 billion at Dec. 31, 2008.
The Company’s liability for asbestos related matters was US$1.179 billion at March 31, 2009. (Class Action Reporter, June 5, 2009)
The…
Certain wholly owned subsidiaries of Ingersoll-Rand plc are still named as defendants in asbestos-related lawsuits in state and federal courts.
In virtually all of the suits, a large number of other companies have also been named as defendants.
The vast majority of…
Asbestos was dumped at Annagortha Bog in Ireland and has prompted concern among local residents, The Westmeath Independent reports.
Fianna Fail Councilor Frankie Keena warned people about the illegal dumping of asbestos in Annagortha Bog, branding it as an absolute disgrace.…
Covidien Ltd.’s subsidiary, Mallinckrodt Inc., as of March 27, 2009, faced about 10,600 pending asbestos liability cases, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 4, 2009.
Mallinckrodt faced about 10,500 pending asbestos liability…