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…

ASBESTOS UPDATE: Goodyear Tire Has 90,100 Open Claims at June 30

The Goodyear Tire & Rubber Company faced 90,100 pending asbestos claims during the six months ended June 30, 2010, compared with 90,200 claims during the year ended Dec. 31, 2009, according to the Company’s quarterly report filed with the Securities…

ASBESTOS UPDATE: Owens-Illinois Has 6,400 Claims at June 30

Owens-Illinois, Inc., as of June 30, 2010, has determined that it is a named defendant in asbestos lawsuits and claims involving about 6,400 plaintiffs and claimants, according to the Company’s quarterly report filed on July 29, 2010 with the Securities…

ASBESTOS UPDATE: Owens-Illinois Records $43M Payments at June 30

Owens-Illinois, Inc.’s asbestos-related cash payments during the second quarter of 2010 were US$43 million, down from US$49 million during the second quarter of 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on…

ASBESTOS UPDATE: Ohio Supreme Court OKs Ruling in Goodyear Case

The Supreme Court of Ohio upheld the ruling of the Eighth District Court of Appeals, which granted summary judgment in favor of The Goodyear Tire & Rubber Company, in an asbestos case filed by Cheryl Boley.

The case is styled Boley,…

ASBESTOS UPDATE: No Development in Scott v. Chase Since May 2010

Chase Corporation says that, as of May 2010, there have been no new developments as an Ohio asbestos lawsuit filed by Marie Lou Scott has been inactive with respect to the Company, according to the Company’s latest quarterly report filed…

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