Sealed Air Corporation, since the beginning of 2000, has been served with lawsuits alleging that, as a result of the Cryovac transaction, it is responsible for alleged asbestos liabilities of W. R. Grace & Co. and its subsidiaries, some of…
Ingersoll-Rand Company Limited says that its 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…
Sealed Air Corporation’s Canadian subsidiary Sealed Air (Canada) Co./Cie, since November 2004, has been a defendant in the case of Thundersky v. The Attorney General of Canada, et al. (File No. CI04-01-39818), pending in the Manitoba Court of Queen’s Bench.
W.…
Katy Industries, Inc. says that Sterling Fluid Systems (USA) has tendered about 2,700 asbestos cases to the Company for defense and indemnification.
These cases are pending in Michigan, New Jersey, New York, Illinois, Nevada, Mississippi, Wyoming, Louisiana, Georgia, Massachusetts, Missouri, Kentucky,…
The Superior Court of Justice, Commercial List, Toronto (Canadian Court) has entered an order extending the stay in actions involving Sealed Air Corporation until Oct. 1, 2009.
In April 2001, Grace Canada, Inc. had obtained an order of the Canadian Court,…
The New Jersey Department of Environmental Protection’s appeal to the U.S. Court of Appeals for the Third Circuit, in a case involving W. R. Grace & Co., was filed in April 2009.
In 2005, the NJDEP filed a lawsuit against the…
Building Materials Corporation of America continues to be involved in asbestos-related bodily injury claims relating to the inhalation of asbestos fibers contained in products sold by its indirect parent, G-I Holdings Inc., or its predecessors.
In connection with its formation, the…
Cytec Industries Inc. faced 8,000 asbestos claims during the three months ended March 31, 2009, compared with 8,100 claims during the year ended Dec. 31, 2008.
During the three months ended March 31, 2009, the Company had 100 claimants associated with…
Crum & Forster Holdings Corp.’s net unpaid losses and allocated loss adjustment expense for asbestos exposures were US$277,024,000 during the three months ended March 31, 2009, compared with US$351,016,000 during the three months ended March 31, 2008.
The Company’s net unpaid…
Halliburton Company expects to receive payment of about US$85 million in insurance recoveries for its asbestos-related insurance settlements during the second half of 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 24,…