ASBESTOS UPDATE: Court OKs Dismissal of Federal-Mogul Trust Case

The U.S. Court of Appeals, Sixth Circuit, upheld the ruling of the U.S. District Court for the Eastern District of Michigan, which dismissed a complaint filed by Federal-Mogul U.S. Asbestos Personal Injury Trust.

The case is styled Federal-Mogul U.S. Asbestos Personal…

ASBESTOS UPDATE: 26T Claims Still Pending v. Maremont at June 30

Meritor, Inc.’s Maremont Corporation subsidiary is still subject to about 26,000 pending asbestos-related claims at June 30, 2011 and Sept. 30, 2010, according to the Company’s quarterly report filed on Aug. 4, 2011 with the Securities and Exchange Commission.

Maremont manufactured…

ASBESTOS UPDATE: Liability Cases Still Ongoing v. General Motors

Various legal actions, claims and proceedings are pending against General Motors Company including matters arising out of alleged product defects, including asbestos-related claims.

No significant asbestos-related matters were discussed in the Company’s quarterly report filed on Aug. 5, 2011 with the…

ASBESTOS UPDATE: Meritor Still Has Rockwell Legacy Claims

Meritor, Inc., along with many other companies, has also been named as a defendant in lawsuits alleging personal injury as a result of exposure to asbestos used in certain components of Rockwell International products many years ago.

Liability for these claims…

ASBESTOS UPDATE: Meritor Posts $19MM June 30 Current Liabilities

Meritor, Inc.’s current asbestos-related liabilities amounted to US$19 million as of June 30, 2011, compared with US$18 million as of Sept. 30, 2010, according to the Company’s quarterly report filed on Aug. 4, 2011 with the Securities and Exchange Commission.

The…

ASBESTOS UPDATE: Dow Has $643MM Non-Current Liability at June 30

The Dow Chemical Company’s non-current asbestos-related liabilities amounted to US$643 million as of June 30, 2011, compared with US$663 million as of Dec. 31, 2010.

The Company’s non-current asbestos-related liabilities were US$655 million as of March 31, 2011. (Class Action Reporter,…

ASBESTOS UPDATE: BorgWarner Accrues $55.2MM Liability at June 30

BorgWarner Inc. has estimated a liability of US$55.2 million for asbestos claims asserted, but not yet resolved and their related defense costs at June 30, 2011.

The Company also has a related asset of US$55.2 million to recognize proceeds from the…

ASBESTOS UPDATE: July 25 Completion Set for EOC Building Cleanup

Asbestos abatement at the former Economic Opportunity Committee (EOC) in Port Huron, Mich., should be complete around July 25, 2011 and demolition could start the last week of July 2011, The Times Herald reports.

The St. Clair County is paying Bay…

ASBESTOS UPDATE: Mich. Court Affirms Ruling in Continental Case

A three-judge panel of the U.S. Court of Appeals for the Sixth Circuit in Detroit affirmed a district court’s decision to dismiss a trust’s September 2008 lawsuit in asbestos litigation involving Continental Insurance Co., Insurance Journal reports.

The Appeals Court has…

ASBESTOS UPDATE: Armstrong District’s Abatement Projects Delayed

On June 21, 2011, Judge James Arner, a visiting judge from Clarion County, Pa., temporarily ceased the Armstrong School District’s asbestos abatement projects, as long as the plaintiffs post a US$650,000 bond, the Leader Times reports.

Judge Arner granted a preliminary…

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