Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$685 million as of Sept. 30, 2011 and US$718 million as of Dec. 31, 2010.
The Company owned North American…
Honeywell International Inc.’s Bendix friction materials business faced 22,800 asbestos-related claims during the nine months ended Sept. 30, 2011, compared with 22,480 claims during the year ended Dec. 31, 2010.
Bendix manufactured automotive brake parts that contained chrysotile asbestos in an…
Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.574 billion as of Sept. 30, 2011 and US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed on Oct. 21, 2011 with the U.S. Securities and Exchange…
Colonial Commercial Corp. says that, following dismissed and settled asbestos actions, there exists one plaintiff that named subsidiary Universal Supply Group, Inc. as of June 30, 2011.
Universal was named by 37 plaintiffs; of these, one filed an action in 2010,…
Colonial Commercial Corp. says that, as of June 30, 2011, there existed five plaintiffs in lawsuits relating to alleged sales of asbestos products, or products containing asbestos, by the predecessor of its Universal Supply Group, Inc. subsidiary – Hilco, Inc.
The…
Curtiss-Wright Corporation or its subsidiaries have been named in a number of lawsuits that allege injury from exposure to asbestos, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Aug. 5, 2011.
To date, neither the…
Cytec Industries Inc.’s asbestos liability was US$43 million at June 30, 2011, compared with US$43.5 million at Dec. 31, 2010, according to the Company’s quarterly report filed on July 28, 2011 with the Securities and Exchange Commission.
The Company’s asbestos liability…
The U.S. District Court, District of New Jersey, issued split rulings in a case involving asbestos styled Michael J. Matthews, Jr., Plaintiff v. The New Jersey Institute of Technology, et al., Defendants.
Senior District Judge Irenas entered judgment in Civil Action…
The removal of asbestos from Monmouth Regional High School at Tinton Falls, N.J., is expected to cost US$660,000, the hub reports.
The school will undergo major renovations this fall if voters approve a US$12.3 million referendum. Voters in the regional school’s…
Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.565 billion as of June 30, 2011, compared with US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed on July 22, 2011 with the Securities and Exchange…