ASBESTOS LITIGATION: Exposure Lawsuits Ongoing v. Temple-Inland

Temple-Inland Inc. continues to be a defendant in various lawsuits involving alleged workplace exposure to asbestos, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 23, 2009.

These cases involve exposure to asbestos in premises…

ASBESTOS LITIGATION: Union Carbide Has $403MM Dec. 31 Receivable

Union Carbide Corporation’s receivable for insurance recoveries related to its asbestos liability was US$403 million at Dec. 31, 2008 and US$467 million at Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on…

ASBESTOS LITIGATION: CNA Companies Facing Inactive Cases in Tex.

Inactive asbestos-related cases are pending against CNA Financial Corporation subsidiaries in Texas courts.

About 80 lawsuits were filed in Texas beginning in 2002, against two CNA companies and numerous other insurers and non-insurer corporate defendants asserting liability for failing to warn…

ASBESTOS LITIGATION: Union Carbide Records $60M in Defense Costs

Union Carbide Corporation and Amchem Products, Inc.’s asbestos- related defense costs were US$60 million at Dec. 31, 2008, compared with US$84 million at Dec. 31, 2007.

Amchem is a former Company subsidiary.

The Company’s asbestos-related resolution costs were US$116 million at Dec.…

ASBESTOS LITIGATION: Asbestos Found in Texas Presbyterian Church

Asbestos was discovered at the First Presbyterian Church in La Feria, Tex., KRGV.com reports.

The church, which is more than 75 years old, is no longer open for service.

Fey Jacobsen says she cannot bear the thought of tearing the building down.…

ASBESTOS LITIGATION: Council to Remove Hazards in Baytown Bldgs.

The City Council in Baytown, Tex., is set to demolish and remove asbestos from several structures in the City, The Baytown Sun reports.

Council members approved three contracts that would put up to US$350,000 towards city improvements. Members approved a contract…

ASBESTOS LITIGATION: Collier’s Suit v. Chevron Filed on Jan. 20

Forrest Collier’s family, on Jan. 20, 2009, filed an asbestos- related lawsuit against Chevron Corporation (f/k/a Gulf Oil Corp.) in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Mr. Collier worked for Gulf Oil, in Port Arthur, Tex., where…

ASBESTOS LITIGATION: Cooper Cites $16.6M After-Tax Income in 3Q

Cooper Industries, Ltd., in the third quarter of 2008, recognized an asbestos-related after-tax discontinued operations income of US$16.6 million or US$0.09 per share, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Jan.…

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