About 477 individuals who were never employees of Constellation Energy Group, Inc. or Baltimore Gas and Electric Company have pending claims each seeking several million dollars in compensatory and punitive damages.
Since 1993, BGE and certain Company subsidiaries have been involved…
W.R. Grace & Co. says that, as of June 30, 2011, following the reclassification, withdrawal or expungement of claims, about 430 asbestos-related Property Damage Claims subject to a March 31, 2003 bar date remain outstanding.
The plaintiffs in asbestos property damage…
W. R. Grace & Co. continues to face asbestos personal injury claims that allege adverse health effects from exposure to asbestos-containing products formerly manufactured by the Company.
Cumulatively through the April 2, 2001 Filing Date, 16,354 asbestos personal injury lawsuits involving…
W. R. Grace & Co.’s total estimated liability for asbestos remediation studies and other estimable matters related to its former vermiculite operations in Libby, Mont., as well as the cost of remediation at vermiculite processing sites outside of Libby, was…
W. R. Grace & Co. says that, as of June 30, 2011, there remains about US$970 million of asbestos-related excess coverage from 54 presently solvent insurers.
The Company estimates that eligible claims would have to exceed US$4 billion to access total…
The Court of Appeals of Maryland issued split rulings in a case involving asbestos styled Scapa Dryer Fabrics, Inc. v. Carl L. Saville.
Judges Bell, Harrell, Battaglia, Greene, Murphy, Adkins and Barbera entered judgment in the case on March 23, 2011.
On…
About 485 individuals who were never employees of Constellation Energy Group, Inc. or Baltimore Gas and Electric Company have pending asbestos claims, each seeking several million dollars in compensatory and punitive damages.
Since 1993, BGE and certain Company subsidiaries have been…
Colfax Corporation’s asbestos coverage litigation expense amounted to US$2,066,000 during the three months ended April 1, 2011, compared with $3,881,000 during the three months ended April 2, 2010.
Asbestos coverage litigation expenses were US$2,433,000 during the three months ended Dec. 31,…
Colfax Corporation has established reserves of US$425.8 million as of April 1, 2011 and US$429.7 million as of Dec. 31, 2010 for the probable and reasonably estimable asbestos-related liability cost it believes its subsidiaries will pay through the next 15…
Colfax Corporation’s accrued asbestos liability was US$37,487,000 as of April 1, 2011, compared with US$37,875,000 as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 3, 2011.
The Company’s long-term asbestos…