Like many other industrial companies in recent years, Precision Castparts Corp. is a defendant in lawsuits alleging personal injury as a result of exposure to chemicals and substances in the workplace, including asbestos.
To date, the Company has been dismissed from…
Jack Atkins on Aug. 9, 2010, filed an asbestos-related lawsuit against 20 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Mr. Atkins claims he developed an asbestos-related disease different from the other non-malignant asbestos-related disease for…
Kaiser Aluminum Corporation says the estimated fair value of conditional asset retirement obligation liabilities was US$3.7 million at June 30, 2010 and US$3.5 million at Dec. 31, 2009.
The Company’s estimated fair value of CARO liabilities was US$3.6 million at March…
Lockheed Martin Corporation, like many other industrial companies in recent years, is a defendant in lawsuits alleging personal injury as a result of exposure to asbestos integrated into its premises and certain historical products.
The Company has never mined or produced…
Goodrich Corporation and some of its subsidiaries are still named defendants in various actions by plaintiffs alleging damages as a result of exposure to asbestos fibers in products or at its facilities.
A number of these cases involve maritime claims, which…
Olin Corporation and its subsidiaries are still defendants in various legal actions (including proceedings based on alleged exposures to asbestos) incidental to its past and current business activities.
No other asbestos-related matters were disclosed in the Company’s quarterly report filed on…
Honeywell International Inc. recorded asbestos-related litigation charges, net of insurance, of US$49 million during the three months ended June 30, 2010, compared with US$37 million during the three months ended June 30, 2009, according to the Company’s quarterly report filed…
Honeywell International Inc.’s Bendix friction material business faced 21,359 unresolved asbestos claims during the six months ended June 30, 2010, compared with 19,940 unresolved claims during the year ended Dec. 31, 2009.
Bendix faced 20,900 unresolved asbestos claims during the three…
Honeywell International Inc.’s long-term asbestos-related liabilities were US$1.543 billion as of June 30, 2010, compared with US$1.040 billion as of Dec. 31, 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July…
Honeywell International Inc.’s consolidated financial statements reflect an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$816 million as of June 30, 2010 and US$831 million as of Dec. 31, 2009.
The Company…