ASBESTOS UPDATE: Park-Ohio Facing 260 Injury Actions at Sept. 30

Park-Ohio Holdings Corp., at Sept. 30, 2009, was a co-defendant in about 260 cases asserting claims on behalf of about 1,260 plaintiffs alleging personal injury as a result of exposure to asbestos, according to the Company’s quarterly report filed with…

ASBESTOS UPDATE: Savoy’s Case v. 38 Firms Filed Nov. 5 in Texas

Cleveland J. Savoy, on Nov. 5, 2009, filed an asbestos-related lawsuit against 38 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Defendants include A.O. Smith Corporation, A.W. Chesterton Company, American Optical, AMETEK Inc., Babcock Borsig AG,…

ASBESTOS UPDATE: 1st Newman Case Filed on Oct. 1 v. 31 Companies

Lynda Guillory, on behalf of her late father, Ameal Newman, filed an asbestos-related lawsuit against 31 defendant corporations in Jefferson County District Court, Tex., on Oct. 1, 2009, The Southeast Texas Record reports.

The defendants include: A.W. Chesterton Company, American Optical…

ASBESTOS UPDATE: GenCorp Inc. Still Facing 135 Cases at Aug. 31

GenCorp Inc., as of Aug. 31, 2009, faced 135 pending asbestos- related cases, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Oct. 8, 2009.

The Company faced 135 pending asbestos cases as of May 31,…

ASBESTOS UPDATE: Denson Case v. 7 Firms Filed Sept. 17 in Texas

Willie Mae Denson, on behalf of husband Elijah Denson Sr., filed an asbestos-related lawsuit against seven defendant corporations in Jefferson County District Court, Tex., on Sept. 17, 2009, The Southeast Texas Record reports.

The defendants are A.O. Smith Corp., Babcock Borsig…

ASBESTOS UPDATE: Duncan’s Lawsuit v. 26 Firms Filed in Jefferson

Bonnie Duncan, on behalf of her late husband Weldon F. Duncan, filed an asbestos lawsuit against 26 defendant corporations in Jefferson County District Court, Tex., on Sept. 4, 2009, The Southeast Texas Record reports.

Mr. Duncan worked as an insulator and…

ASBESTOS UPDATE: Jones Case Filed in Jefferson County on Aug. 28

An asbestos lawsuit against 23 defendant corporations and brought on behalf of Donald G. Jones was filed on Aug. 28, 2009 in Jefferson County District Court, Tex., The Southeast Texas Record reports.

According to the suit, Mr. Jones worked as an…

ASBESTOS UPDATE: Curtiss-Wright, Units Still Face Exposure Suits

Curtiss-Wright Corporation and its subsidiaries are still named in a number of lawsuits that allege injury from exposure to asbestos.

To date, neither the Company nor its subsidiaries have been found liable or paid any material sum of money in settlement…

ASBESTOS LITIGATION: Todd Shipyards Facing 557 Claims at June 28

Todd Shipyards Corporation is currently defending about 557 asbestos claims, of which 11 are “malignant” claims and 546 are “non-malignant” claims.

The Company is named as a defendant in civil actions by parties alleging damages from past exposure to toxic substances,…

ASBESTOS LITIGATION: Kaiser Records $3.4M Retirement Obligations

Kaiser Aluminum Corporation’s estimated fair value of conditional asset retirement obligations (CAROs), including for asbestos, at June 30, 2009 was US$3.4 million.

The Company’s estimated fair value of CAROs, including for asbestos, at March 31, 2009 was US$3.3 million. (Class Action…

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