ASBESTOS LITIGATION: Honeywell Cites $36M Net Litigation Charges

Honeywell International Inc.’s asbestos-related litigation charges, net of insurance, amounted to US$36 million during the three months ended March 31, 2009, compared with US$28 million during the three months ended March 31, 2008.

The Company is a defendant in personal injury…

ASBESTOS LITIGATION: BMCA Still Subject to Bodily Injury Claims

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…

ASBESTOS LITIGATION: Monmouth School Cleanup to Begin in Summer

Asbestos cleanup at the Monmouth Regional High School in Tinton Falls, N.J., is set to begin in the summer of 2009, the hub reports.

According to Monmouth Regional Business Administrator Maria Anne Parry and Superintendent James Cleary, the asbestos is harmless…

ASBESTOS LITIGATION: Colonial Comm’l. Cites 27 Claims at Dec. 31

Colonial Commercial Corp.’s Hilco, Inc. subsidiary, subsequent to Dec. 31, 2008, faced asbestos-related lawsuits involving 27 plaintiffs.

Hilco, subsequent to Sept. 30, 2008, faced asbestos-related lawsuits involving 42 plaintiffs. (Class Action Reporter, Dec. 5, 2008)

Universal Supply Group, Inc. is a wholly…

ASBESTOS LITIGATION: RAL Supply Still Facing 1 Action at Dec. 31

Colonial Commercial Corp.’s subsidiary, The RAL Supply Group, Inc., is party to one asbestos-related lawsuit as of Dec. 31, 2008, according to the Company’s annual report filed with the Securities and Exchange Commission on March 27, 2009.

The lawsuit alleges injury…

ASBESTOS LITIGATION: Congoleum Cites $50M Liabilities at Dec. 31

Congoleum Corporation’s current asbestos-related liabilities were US$50,022,000 at Dec. 31, 2008, compared with US$31,207,000 at Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on March 30, 2009.

The Company’s current asbestos-related liabilities were…

ASBESTOS LITIGATION: Chubb, Units Facing Litigation in 3 States

The Chubb Corporation, its subsidiary, Chubb Indemnity Insurance Company, and various other subsidiaries are parties to asbestos insurance litigation pending in Texas, Ohio, and California courts.

Beginning in December 2002, Chubb Indemnity was named in a series of actions commenced by…

ASBESTOS LITIGATION: Alfacell to Explore Strategies for Onconase

Par Pharmaceuticals Companies, Inc. says that Alfacell Corporation intends to continue to explore strategic alternatives and additional capital for Onconase (ranpirnase), which is intended for the treatment of inoperable malignant mesothelioma, according to the Company’s 2008 annual report filed with…

ASBESTOS LITIGATION: Sealed Air Has Senn v. Hickey Case in N.J.

Sealed Air Corporation continues to be involved in the case styled Senn v. Hickey, et al. (Case No. 03-CV-4372), filed in the U.S. District Court for the District of New Jersey (Newark).

This lawsuit, filed on Sept. 15, 2003, seeks class…

ASBESTOS LITIGATION: Sealed Air Party to Grace’s Cases in Canada

Sealed Air Corporation continues to be a party to W. R. Grace & Co.’s asbestos-related lawsuits in Canadian courts.

In November 2004, the Company’s Canadian subsidiary Sealed Air (Canada) Co./Cie learned that it had been named a defendant in the case…

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