ASBESTOS UPDATE: Honeywell Posts $691MM June 30 NARCO Receivable

Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future asbestos claims related to North American Refractories Company of US$691 million as of June 30, 2011 and US$718 million as of Dec. 31,…

ASBESTOS UPDATE: 23,031 Bendix Claims Pending Against Honeywell

Honeywell International Inc.’s Bendix friction materials business faced 23,031 unresolved asbestos claims during the six months ended June 30, 2011 and 22,480 claims during the year ended Dec. 31, 2010.

During the six months ended June 30, 2011, the Company recorded…

ASBESTOS UPDATE: Honeywell Posts $40MM June 30 Litigation Charge

Honeywell International Inc. recorded asbestos litigation charges, net of insurance, of US$40 million during the three months ended June 30, 2011, compared with US$49 million during the three months ended June 30, 2010.

The Company recorded asbestos litigation charges, net of…

ASBESTOS UPDATE: Universal Supply Group Has One Case at March 31

Colonial Commercial Corp. says that, following dismissed and settled asbestos actions, there exists one plaintiff that named subsidiary Universal Supply Group, Inc., as defendant as of March 31, 2011.

Universal was named by 37 plaintiffs; of these, one filed an action…

ASBESTOS UPDATE: Colonial Involved in 5 Hilco Claims at March 31

Colonial Commercial Corp. says that, as of March 31, 2011, there existed five plaintiffs in lawsuits relating to alleged sales of asbestos products, or products containing asbestos, by subsidiary Universal Supply Group, Inc.’s Hilco, Inc. predecessor.

The Company understands that Hilco…

ASBESTOS UPDATE: N.J. Court Flips Ruling in Sussex County Action

The Superior Court of New Jersey, Appellate Division, reversed the ruling of the Superior Court of New Jersey, Law Division, Sussex County, in a case involving asbestos filed by Sussex County Plumbing, Inc.

The case is styled Sussex County Plumbing, Inc.,…

ASBESTOS UPDATE: 4 Men Charges for N.Y. Hazard Disposal Breaches

Federal prosecutors said on June 3, 2011 that a central New York farmer, a New Jersey demolition company, its owner and two other men dumped 30,000 tons of asbestos-contaminated construction debris on farmland near New York’s Mohawk River in 2006,…

ASBESTOS UPDATE: EPA Completes Cleanup at Camden, N.J. Facility

The U.S. Environmental Protection Agency has removed asbestos and hazardous materials at an abandoned manufacturing facility in Camden, N.J., according to an EPA press release dated May 26, 2011.

EPA removed over four hundred drums, pails and other containers, containing hazardous…

ASBESTOS UPDATE: Asbestos to be Removed From School in Allendale

Hazardous asbestos will be removed from a crawl space in the Brookside School basement in Allendale, N.J. and the HVAC at the Hillside School all-purpose room will be replaced, Mesothelioma.com reports.

According to the New Jersey Schools Development Authority (SDA), the…

ASBESTOS UPDATE: Curtiss-Wright Still Party to Exposure Lawsuits

Curtiss-Wright Corporation, or its subsidiaries, has been named in a number of lawsuits that allege injury from exposure to asbestos, according to the Company’s quarterly report filed on Aug. 9, 2010 with the Securities and Exchange Commission.

To date, neither the…

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