ASBESTOS UPDATE: RMT & Homrich Settle Wis. Asbestos Violations

Madison, Ill.-based RMT Inc. and Detroit-based Homrich Inc. have settled with the State of Wisconsin over charges of breaching asbestos removal rules when demolishing the old Aldrich Chemical building in downtown Milwaukee, as part of the Marquette Interchange reconstruction, The…

ASBESTOS UPDATE: 7,907 Claims Ongoing Against Brandon at Oct. 30

Albany International Corp.’s affiliate, Brandon Drying Fabrics, Inc., faced 7,907 asbestos claims as of Oct. 30, 2009, 8,139 claims as of July 23, 2009, 8,604 claims as of May 1, 2009, and 8,607 claims as of Feb. 6, 2009.

Brandon, a…

ASBESTOS UPDATE: 8,945 Claims Pending Against Albany at Oct. 30

Albany International Corp. faced 8,945 asbestos claims as of Oct. 30, 2009, 16,060 claims as of July 23, 2009, 16,818 claims as of May 1, 2009, and 17,854 claims as of Feb. 6, 2009.

The Company is a defendant in suits…

ASBESTOS UPDATE: Albany Int’l. Still Named in Mt. Vernon Actions

Albany International Corp., in some asbestos cases, is named both as a direct defendant and as the “successor in interest” to Mount Vernon Mills.

The Company acquired certain assets from Mount Vernon in 1993. Certain plaintiffs allege injury caused by asbestos-containing…

ASBESTOS UPDATE: Scapa Dryer Fabric’s Move for New Trial Denied

The Superior Court of New Jersey, Appellate Division, affirmed the ruling of the Superior Court of New Jersey, Law Division, Middlesex County, which denied Scapa Dryer Fabrics Inc.’s motion for a new trial in consolidated asbestos-related litigation.

Judges Carchman, Sabatino, and…

ASBESTOS LITIGATION: Minerals Technologies Inc. Facing 25 Cases

Minerals Technologies Inc. currently faces 25 pending asbestos cases, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 31, 2009.

The Company faced 26 pending asbestos cases. (Class Action Reporter, May 1, 2009)

Certain of the…

ASBESTOS LITIGATION: Albany Int’l. Involved in Mt. Vernon Cases

Albany International Corp. is still a direct defendant and as the “successor in interest” to Mount Vernon Mills in asbestos- related cases.

The Company acquired certain assets from Mount Vernon in 1993.

Certain plaintiffs allege injury caused by asbestos-containing products alleged to…

ASBESTOS LITIGATION: Albany Int’l. Facing 16,818 Claims at May 1

Albany International Corp. was defending against 16,818 asbestos-related claims as of May 1, 2009, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.

This compares with 17,854 claims as of Feb. 6, 2009, about 18,385 claims…

ASBESTOS LITIGATION: Brandon Drying Facing 8,604 Claims at May 1

Albany International Corp.’s affiliate, Brandon Drying Fabrics, Inc., faced 8,604 asbestos-related claims as of May 1, 2009, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.

This compares with 8,607 asbestos claims as of Feb. 6,…

ASBESTOS LITIGATION: $100T of Amerex Deposit Marked for Cleanup

Amerex Group, Inc. says that, during 2008, US$100,000 of a US$400,000 deposit was released to it to pay some vendor bills related to the removal of asbestos in a Pryor, Okla. site.

In February 2006, Amerex Acquisition Corp., a Company subsidiary,…

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