James Wylder, Esq., of Bloomington, Ill., on Aug. 5, 2011, petitioned the Fourth District appellate court to reconsider a July 15, 2011 decision overruling two precedents that have sustained his unique series of trials in McLean County, Ill., in a…
Olin Corporation’s liabilities for asbestos-related actions were US$17 million as of June 30, 2011, US$18.1 million as of Dec. 31, 2010, and US$19.4 million as of June 30, 2010.
The Company and its subsidiaries are defendants in various legal actions (including…
Goodrich Corporation and some of its subsidiaries have been named as defendants in various actions by plaintiffs alleging damages as a result of exposure to asbestos fibers in products or at formerly owned facilities.
No significant asbestos matters were disclosed in…
Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.565 billion as of June 30, 2011, compared with US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed on July 22, 2011 with the Securities and Exchange…
Fourth District appellate judges on July 15, 2011, reversed the ruling of Circuit Judge Scott Drazewski, who entered judgment ordering Honeywell International Inc. and Pneumo-Abex to pay Juanita Rodarmel US$683,333, The Madison/St. Clair Record reports.
The appellate judges overruled two Fourth…
Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future asbestos claims related to North American Refractories Company of US$691 million as of June 30, 2011 and US$718 million as of Dec. 31,…
Honeywell International Inc.’s Bendix friction materials business faced 23,031 unresolved asbestos claims during the six months ended June 30, 2011 and 22,480 claims during the year ended Dec. 31, 2010.
During the six months ended June 30, 2011, the Company recorded…
Honeywell International Inc. recorded asbestos litigation charges, net of insurance, of US$40 million during the three months ended June 30, 2011, compared with US$49 million during the three months ended June 30, 2010.
The Company recorded asbestos litigation charges, net of…
GenCorp Inc. faced 138 pending asbestos-related claims as of May 31, 2011, compared with 141 claims as of Nov. 30, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 5, 2011.
The Company has…
As of April 3, 2011, about 79 lawsuits remain pending against Precision Castparts Corp. alleging personal injury as the result of exposure to particulates, including asbestos, integrated into its premises or processes or into certain historical products.
It is frequently not…