ASBESTOS UPDATE: Claims v. GenCorp Inc. Rise to 143 at Aug. 31

GenCorp Inc. faced 143 pending asbestos cases as of Aug. 31, 2011, compared with 141 cases as of Nov. 30, 2011, according to the Company’s quarterly report filed on Sept. 30, 2011 with the U.S. Securities and Exchange Commission.

The Company…

ASBESTOS UPDATE: Hirsch Case v. 41 Firms Filed in St. Clair Co.

Craig Hirsch, on Sept. 12, 2011, filed an asbestos lawsuit against 41 defendant corporations in St. Clair County Circuit Court, Ill., The Madison/St. Clair Record reports.

Mr. Hirsch’s case is St. Clair County Circuit Court Case No. 11-L-511.

Mr. Hirsch is represented…

ASBESTOS UPDATE: GST Posts $148MM Current Receivable at June 30

EnPro Industries, Inc.’s Garlock Sealing Technologies LLC (GST LLC) subsidiary’s current asbestos insurance receivable was US$148 million as of June 30, 2011, compared with US$158 million as of Dec. 31, 2010.

GST recorded a current asbestos insurance receivable of US$158 million…

ASBESTOS UPDATE: Tenneco Inc. Still Named in Exposure Lawsuits

Tenneco Inc. is subject to a number of lawsuits initiated by a significant number of claimants alleging health problems as a result of exposure to asbestos.

In the early 2000s, the Company was named in nearly 20,000 complaints, most of which…

ASBESTOS UPDATE: EnPro Has $160MM Insurance Coverage at June 30

EnPro Industries, Inc., at June 30, 2011, had US$160 million of insurance coverage it said it believes is available to cover current and future asbestos claims against Garlock Sealing Technologies LLC and certain expense payments.

At March 31, 2011, the Company…

ASBESTOS UPDATE: Lawsuits v. Park-Ohio Surge to 300 at June 30

Park-Ohio Holdings Corp., at June 30, 2011, was a co-defendant in about 300 cases asserting claims on behalf of about 1,240 plaintiffs alleging personal injury as a result of exposure to asbestos, according to the Company’s quarterly report filed on…

ASBESTOS UPDATE: TRW Automotive Units Subject to Pending Actions

While certain of TRW Automotive Holdings Corp.’s subsidiaries have been subject in recent years to asbestos-related claims, management believes that those claims will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows.

In…

ASBESTOS UPDATE: Dana Holding Has $51MM June 30 Insurance Asset

Dana Holding Corporation at June 30, 2011, recorded US$51 million as an asset for probable recovery from its insurers for the pending and projected asbestos personal injury liability claims, compared to US$52 million recorded at Dec. 31, 2010.

During the quarter…

ASBESTOS UPDATE: Pending Claims v. Dana Drop to 27T at June 30

Dana Holding Corporation had about 27,000 active pending asbestos personal injury liability claims at June 30, 2011 versus 30,000 at Dec. 31, 2010, according to the Company’s quarterly report filed on July 28, 2011 with the Securities and Exchange Commission.

The…

ASBESTOS UPDATE: Standard Motor Has 2,110 Open Cases at June 30

Standard Motor Products, Inc. says that, at June 30, 2011, about 2,110 asbestos cases were outstanding for which it may be responsible for any related liabilities, according to the Company’s quarterly report filed on Aug. 2, 2011 with the Securities…

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