Ingersoll-Rand plc’s subsidiary, Trane Inc., continues to be in litigation against certain carriers whose policies it believes provide coverage for asbestos claims.
The insurance carriers named in this suit have challenged Trane’s right to recovery. Trane filed the action in April…
Colonial Commercial Corp. says that, following dismissed and settled asbestos-related actions, there existed one plaintiff that names subsidiary Universal Supply Group, Inc. as of June 30, 2010.
Universal was named by 37 plaintiffs. Of these, one filed an action in 2010,…
Colonial Commercial Corp. says that, as of June 30, 2010, there existed four plaintiffs in asbestos lawsuits relating to alleged sales of asbestos products, or products containing asbestos, by Hilco, Inc.
The Company understands that Hilco and many other companies have…
Bel Fuse Inc. says that subsidiary Cinch was dismissed as a party to an asbestos case (Engelbrecht v. Motorola, et al.) through a limited judgment of dismissal, which was filed by the Douglas County Circuit Court on July 19, 2010.
Cinch…
The U.S. District Court, District of New Jersey, denied H. Scott Gurvey and Amy R. Gurvey’s motion for leave to file and serve an amended asbestos-related complaint.
The case is styled Gurvey, et al. v. Fixzit National Install Services, Inc., et…
The Supreme Court of New Jersey, on July 8, 2010, denied BorgWarner, Inc.’s Notice of Petition appealing the decision of the lower courts in an insurance-related asbestos action.
On April 5, 2010 the Superior Court of New Jersey Appellate Division affirmed…
Honeywell International Inc. recorded asbestos-related litigation charges, net of insurance, of US$49 million during the three months ended June 30, 2010, compared with US$37 million during the three months ended June 30, 2009, according to the Company’s quarterly report filed…
Cytec Industries Inc. faced 7,900 asbestos-related claims during the six months ended June 30, 2010, compared with 8,000 claims during the year ended Dec. 31, 2009.
The Company has been named as one of hundreds of defendants in a number of…
Honeywell International Inc.’s Bendix friction material business faced 21,359 unresolved asbestos claims during the six months ended June 30, 2010, compared with 19,940 unresolved claims during the year ended Dec. 31, 2009.
Bendix faced 20,900 unresolved asbestos claims during the three…
Honeywell International Inc.’s long-term asbestos-related liabilities were US$1.543 billion as of June 30, 2010, compared with US$1.040 billion as of Dec. 31, 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July…