ASBESTOS UPDATE: Clark Action v. 9 Firms Filed April 27 in Texas

Walter and Sharon Clark, on April 27, 2011, filed an asbestos lawsuit against nine defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

The nine defending companies named in the complaint are: Chevron, Exxon Mobil Corp., Gulf…

ASBESTOS UPDATE: Hemphill Case v. 10 Firms Filed May 4 in Texas

Edgar and Mary Hemphill, on May 4, 2011, filed an asbestos lawsuit against 10 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Aside from Chevron USA, the other defendants include Citgo, DuPont, ExxonMobil, Huntsman Petrochemical, Neches…

ASBESTOS UPDATE: Diamond Offshore Party to Cases in Miss. Courts

Diamond Offshore Drilling, Inc. is one of several unrelated defendants in lawsuits filed in the Circuit Courts of the State of Mississippi alleging that defendants manufactured, distributed or utilized drilling mud containing asbestos and, in its case, allowed such drilling…

ASBESTOS UPDATE: Flowserve Corp. Still Disputing Exposure Claims

Flowserve Corporation is a defendant in a substantial number of lawsuits that seek to recover damages for personal injury allegedly caused by exposure to asbestos-containing products manufactured and/or distributed by its heritage companies in the past.

The Company’s practice is to…

ASBESTOS UPDATE: Enterprise Products Has $97.1MM ARO at Dec. 31

Enterprise Product Partners L.P.’s asset retirement obligations amounted to US$97.1 million as of Dec. 31, 2010, compared with US$54.8 million.

The Company’s AROs may result from regulatory requirements associated with the renovation or demolition of certain assets containing hazardous substances such…

ASBESTOS UPDATE: GenOn Americas Posts $54MM Non-Current Liability

GenOn Americas Generation, LLC has identified certain asset retirement obligations within its power generating operations and has a non-current liability of US$54 million recorded at Dec. 31, 2010.

GenOn Mid-Atlantic, LLC has identified certain retirement obligations with its power generating operations…

ASBESTOS UPDATE: GenOn Energy Records $128MM Liability at Dec. 31

GenOn Energy, Inc. has a non-current liability of US$128 million recorded at Dec. 31, 2010, according to the Company’s annual report filed with the Securities and Exchange Commission on March 1, 2011.

These asset retirement obligations are primarily related to asbestos…

ASBESTOS UPDATE: Parker Drilling Has 16 Injury Cases at Dec. 31

There were about 16 asbestos-related lawsuits at Dec. 31, 2010, in which Parker Drilling Company is one of many defendants, according to the Company’s annual report filed with the Securities and Exchange Commission on March 1, 2011.

From time to time,…

ASBESTOS UPDATE: RBS Global’s Prager Unit Has Two Exposure Cases

RBS Global, Inc.’s Prager subsidiary is a defendant in two pending multi-defendant lawsuits relating to alleged personal injuries due to the alleged presence of asbestos in a product allegedly manufactured by Prager, according to the Company’s quarterly report filed with…

ASBESTOS UPDATE: Cook Case v. 50 Firms Filed in Galveston County

Michael Ray Cook and his wife, on Jan. 28, 2011, filed an asbestos lawsuit against 50 defendant corporations in Galveston County District Court, Tex., The Southeast Texas Record reports.

According to the suit, Mr. Cook says he came into contact with…

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