ASBESTOS UPDATE: Pa. Court Denies Remand Motion in Barnes Action

The U.S. District Court, Eastern District of Pennsylvania, denied plaintiffs’ motion to remand in an asbestos lawsuit styled Gail and James Wayne Barnes, et al., Plaintiffs v. Various Defendants.

Judge Eduardo C. Robreno entered judgment in Case No. 2:10-CV- 67141 on…

ASBESTOS UPDATE: Dismissal of Ampco From Howden Case in Progress

The dismissal of Ampco-Pittsburgh Corporation from an asbestos- related insurance litigation regarding Howden North America, Inc. is now in process.

Certain of the Company’s subsidiaries and the Company have an arrangement (Coverage Arrangement) with insurers responsible for historical primary and some…

ASBESTOS UPDATE: Ampco Case v. 13 Insurance Firms in Pa. Ongoing

Ampco-Pittsburgh Corporation and its Air & Liquid Systems Corporation, since Feb. 24, 2011, is pursuing a lawsuit in the U.S. District Court for the Western District of Pennsylvania against 13 domestic insurance companies, certain underwriters at Lloyd’s, London and certain…

ASBESTOS UPDATE: Wabtec, Units Still Named in Exposure Lawsuits

Claims have been filed against Westinghouse Air Brake Technologies Corporation (d/b/a Wabtec) and certain of its affiliates in various jurisdictions across the United States by persons alleging bodily injury as a result of exposure to asbestos-containing products.

Most of these claims…

ASBESTOS UPDATE: Sunoco Subject to Potential Exposure Lawsuits

Legal and administrative proceedings are pending or may be brought against Sunoco, Inc. arising out of its current and past operations, including allegations of exposures of third parties to toxic substances (such as benzene or asbestos) and general environmental claims.

No…

ASBESTOS UPDATE: AMETEK Still Involved in Exposure Actions

AMETEK, Inc., including its subsidiaries, has been named as a defendant in a number of asbestos-related lawsuits.

Many of these lawsuits either relate to businesses that were acquired by the Company and do not involve products that were manufactured or sold…

ASBESTOS UPDATE: Crown Cork Receives 600 New Claims During 1stQ

Crown Holdings, Inc.’s subsidiary, Crown Cork and Seal Company, during the three months ended March 31, 2011, received about 600 new asbestos claims, settled or dismissed about 500 claims for a total of US$4 million, and had about 50,000 claims…

ASBESTOS UPDATE: Fairmont Facing 22,500 Claims in 8 U.S. States

CONSOL Energy Inc.’s subsidiary, Fairmont Supply Company (which distributes industrial supplies) is named as a defendant in about 22,500 asbestos-related claims in state courts in Pennsylvania, Ohio, West Virginia, Maryland, Mississippi, New Jersey, Texas and Illinois.

Because a very small percentage…

ASBESTOS UPDATE: PPG Industries Still Involved in Exposure Cases

For over 30 years, PPG Industries, Inc. has been a defendant in lawsuits involving claims alleging personal injury from exposure to asbestos, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 2, 2011.

Most of…

ASBESTOS UPDATE: PREIT Posts $10MM-$20MM Coverage for A&E Claims

Pennsylvania Real Estate Investment Trust has insurance coverage for certain asbestos and environmental claims up to US$10 million per occurrence and up to US$20 million in the aggregate.

The Company is aware of certain environmental matters at some of its properties,…

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