ASBESTOS UPDATE: Park-Ohio Still Has 260 Open Cases at March 31

Park-Ohio Holdings, Corp., at March 31, 2011, was a co-defendant in about 260 cases asserting claims on behalf of about 1,230 plaintiffs alleging personal injury as a result of exposure to asbestos, according to the Company’s quarterly report filed with…

ASBESTOS UPDATE: Curtiss-Wright Still Subject to Exposure Cases

Curtiss-Wright Corporation or its subsidiaries have been named in a number of lawsuits that allege injury from exposure to asbestos, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 6, 2011.

To date, neither the…

ASBESTOS UPDATE: Olin Corp. Posts $16.2MM Liability at March 31

Olin Corporation’s liabilities for asbestos legal actions amounted to US$16.2 million at March 31, 2011 and US$18.1 million at Dec. 31, 2010.

These liabilities do not include costs associated with legal representation.

The Company and its subsidiaries are defendants in various legal…

ASBESTOS UPDATE: General Dynamics Subject to Potential Lawsuits

Various claims and other legal proceedings incidental to the normal course of business are pending or threatened against General Dynamics Corporation and relate to such issues like asbestos-related claims and employee-related matters.

No significant asbestos-related matters were discussed in the Company’s…

ASBESTOS UPDATE: Mich. Appeals Court OKs Ruling In Falk Lawsuit

The Court of Appeals of Michigan affirmed the ruling of the Calhoun Circuit Court, which granted summary judgment in favor of various defendants, in an asbestos lawsuit filed on behalf of Earl Falk.

Judges Servitto, Gleicher and Shapiro entered judgment in…

ASBESTOS UPDATE: Oral Argument in Pneumo Abex Case Heard April 28

An oral argument on an asbestos case involving Juanita Rodarmel, Honeywell International Inc. and Pneumo Abex was held April 28, 2011 in McLean County, Ill., The Madison/St. Clair Record reports.

In the oral argument, Justice John Turner poked holes in a…

ASBESTOS UPDATE: Honeywell Faces 22,604 Unresolved Bendix Claims

Honeywell International Inc.’s Bendix friction materials business faced 22,604 unresolved asbestos claims during the three months ended March 31, 2011 and 22,480 claims during the year ended Dec. 31, 2010.

During the three months ended March 31, 2011, the Company recorded…

ASBESTOS UPDATE: Calif. Court OKs McDonnell’s Bid in Vest Action

The U.S. District Court, Northern District of California, granted McDonnell Douglas Corporation’s (MDC) motion to stay pending transfer in an asbestos case styled Timothy Vest, et al., Plaintiffs v. Allied Packing and Supply, Inc., et al., Defendants.

District Judge Jeffrey S.…

ASBESTOS UPDATE: Honeywell’s Long-Term Liability at $1.556-Bil.

Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.556 billion as of both March 31, 2011 and US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 21,…

ASBESTOS UPDATE: Goodrich, Units Still Party to Injury Lawsuits

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-related matters were discussed in…

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