BorgWarner Inc. had about 16,000 pending asbestos-related product liability claims as of June 30, 2011, compared with 17,000 claims as of Dec. 31, 2010, according to the Company’s quarterly report filed on July 28, 2011 with the Securities and Exchange…
BorgWarner Inc. has estimated a liability of US$55.2 million for asbestos claims asserted, but not yet resolved and their related defense costs at June 30, 2011.
The Company also has a related asset of US$55.2 million to recognize proceeds from the…
BorgWarner Inc. and certain of its other historical general liability insurers are still involved in an asbestos-related declaratory judgment action, filed in January 2004 in the Circuit Court of Cook County, Ill., by Continental Casualty Company and related companies (CNA).
The…
The Goodyear Tire & Rubber Company faced 82,700 pending asbestos claims during the six months ended June 30, 2011, compared with 83,700 claims during the year ended Dec. 31, 2010, according to the Company’s quarterly report filed on July 28,…
Standard Motor Products, Inc.’s accrued asbestos liabilities amounted to US$25,533,000 as of June 30, 2011, compared with US$24,792,000 as of Dec. 31, 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July…
Over the years, Carlisle Companies Incorporated has been named as a defendant, along with numerous other defendants, in lawsuits in various state courts in which plaintiffs have alleged injury due to exposure to asbestos-containing brakes.
Carlisle manufactured those products in limited…
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…
The law firm of Weitz & Luxenberg, P.C., on June 21, 2011, won an asbestos-related lung cancer trial against defendants, The Goodyear Tire and Rubber Company and Goodyear Canada, according to a Weitz & Luxenberg press release dated June 22,…
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…
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…