Chicago Bridge & Iron Company N.V., at June 30, 2011, had accrued about US$1.5 million for asbestos liability and related expenses, according to the Company’s quarterly report filed on July 22, 2011 with the Securities and Exchange Commission.
The Company is…
Chicago Bridge & Iron Company N.V., at March 31, 2011, had accrued about US$1.8 million for asbestos liability and related expenses, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 27, 2011.
The Company is…
Chicago Bridge & Iron Company N.V., at June 30, 2010, had accrued about US$2.5 million for asbestos liability and related expenses, according to the Company’s quarterly report filed on July 27, 2010 with the Securities and Exchange Commission.
At March 31,…
James Hardie Industries N.V.’s current asbestos liability was US$100 million as of Sept. 30, 2009, compared with US$78.2 million as of March 31, 2009, according to a Company report, on Form 6-K, filed with the Securities and Exchange Commission on…
James Hardie Industries N.V.’s asbestos adjustments were US$62.7 million during the 2nd-quarter of fiscal year 2010, according to a Company press release dated Nov. 25, 2009.
During the half of fiscal year 2010, the Company recorded adjustments of US$182.5 million.
Since the…
James Hardie Industries N.V. paid AUD28.8 million for the quarter ended Sept. 30, 2009 and AUD56.1 million for the half year ended Sept. 30, 2009 for asbestos claims, according to a Company report, on Form 6-K, filed with the Securities…
Koninklijke Philips Electronics N.V. says that, in the third quarter of 2009, the opposition filed against subsidiary TH Agriculture & Nutrition’s (THAN) plan of reorganization has been successfully resolved.
Provided that there will be no further opposition to the Plan, it…
Australia Labor frontbencher Greg Combet says the Government will make sure that James Hardie Industries N.V. upholds compensation agreements it made with asbestos victims, news.com.au reports.
Mr. Combet, speaking at a book launch in Canberra, Australia, said there must never again…
The New South Wales Supreme Court, on Aug. 20, 2009, penalized former executives and directors of James Hardie Industries N.V. for breaching the Corporations Act in 2001 regarding the adequacy of asbestos compensation funding, Bloomberg reports.
Hardie was fined AUD80,000 (US$66,467)…
The Australian Securities and Investments Commission (ASIC) wants seven non-executive directors and three former executives of James Hardie Industries N.V. banned from Company directorship for at least five year each and fined a total of AUD2.8 million to AUD3.4 million,…