ASBESTOS UPDATE: Lincoln Electric Faces 16,790 Claims at June 30

Lincoln Electric Holdings, Inc., at June 30, 2010, was a co- defendant in cases alleging asbestos induced illness involving claims by about 16,790 plaintiffs, which is a net decrease of four claims from those previously reported.

At March 31, 2010, the…

ASBESTOS UPDATE: BorgWarner Summary Judgment Upheld in Cantrell

The Court of Appeals of Ohio, Eighth District, Cuyahoga County, affirmed the ruling of the Cuyahoga County Court of Common Pleas, which granted summary judgment in favor of BorgWarner Corporation in an asbestos case filed by Alice and Bernard Cantrell.

The…

ASBESTOS UPDATE: Ohio Court OKs Judge’s Ruling in Leonard Action

The U.S. District Court, Southern District of Ohio, Eastern Division, affirmed the June 22, 2010 Order and Report and Recommendation of a Magistrate Judge in a case involving asbestos styled Ronald D. Leonard, Plaintiff v. Ohio Department of Rehabilitation and…

ASBESTOS UPDATE: FirstEnergy Remains Involved in Exposure Suits

There are various lawsuits, claims (including claims for asbestos exposure) and proceedings related to FirstEnergy Corp.’s normal business operations pending against it and its subsidiaries.

No further asbestos-related matters were disclosed in the Company’s quarterly report filed on Aug. 3, 2010…

ASBESTOS UPDATE: Cleanup at Old West End Academy to Cost $52,000

The removal of asbestos from the Old West End Academy in Toledo, Ohio, will cost the Toledo Public Schools US$52,000, The Toledo Blade reports.

The Board of Education voted 4-0 to hire a firm to remove the substance from the building…

ASBESTOS UPDATE: Exposure Cases Ongoing v. Cliffs Natural, Units

Cliffs Natural Resources Inc. and certain of its subsidiaries are still party to claims over the exposure of asbestos and silica to seamen who sailed on the Great Lakes vessels formerly owned and operated by certain of the Company’s subsidiaries.

The…

ASBESTOS UPDATE: Dana Holding Cites $58M June 30 Insurance Asset

Dana Holding Corporation, at June 30, 2010, had recorded US$58 million as an asset for probable recovery from its insurers for the pending and projected asbestos personal injury liability claims, unchanged from the asset at Dec. 31, 2009, according to…

ASBESTOS UPDATE: 31,000 Cases Ongoing v. Dana Holding at June 30

Dana Holding Corporation had about 31,000 active pending asbestos personal injury liability claims at June 30, 2010, and Dec. 31, 2009, according to the Company’s quarterly report filed on July 29, 2010, with the Securities and Exchange Commission.

About 11,000 mostly…

ASBESTOS UPDATE: AK Steel Unit Still Involved in Exposure Claims

AK Steel Holding Corporation’s subsidiary, AK Steel Corporation (or its predecessor, Armco Inc.), since 1990, has been named as a defendant in numerous lawsuits alleging personal injury as a result of exposure to asbestos.

As of Dec. 31, 2009, there were…

ASBESTOS UPDATE: Goodyear Has $5MM Expense for Claims at June 30

The Goodyear Tire & Rubber Company recorded US$5 million of expense related to asbestos claims in the second quarter of 2010 and 2009, according to the Company’s quarterly report filed on July 29, 2010 with the Securities and Exchange Commission.

General…

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