Dana Holding Corporation, at June 30, 2010, had recorded US$58 million as an asset for probable recovery from its insurers for the pending and projected asbestos personal injury liability claims, unchanged from the asset at Dec. 31, 2009, according to…
Dana Holding Corporation had about 31,000 active pending asbestos personal injury liability claims at June 30, 2010, and Dec. 31, 2009, according to the Company’s quarterly report filed on July 29, 2010, with the Securities and Exchange Commission.
About 11,000 mostly…
BorgWarner, Inc. and certain of its historical general liability insurers continue to be party to a declaratory judgment action, filed in January 2004 in the Circuit Court of Cook County, Ill., by Continental Casualty Company and related companies (CNA).
CNA provided…
The Goodyear Tire & Rubber Company recorded US$5 million of expense related to asbestos claims in the second quarter of 2010 and 2009, according to the Company’s quarterly report filed on July 29, 2010 with the Securities and Exchange Commission.
General…
The Goodyear Tire & Rubber Company faced 90,100 pending asbestos claims during the six months ended June 30, 2010, compared with 90,200 claims during the year ended Dec. 31, 2009, according to the Company’s quarterly report filed with the Securities…
The Supreme Court of Ohio upheld the ruling of the Eighth District Court of Appeals, which granted summary judgment in favor of The Goodyear Tire & Rubber Company, in an asbestos case filed by Cheryl Boley.
The case is styled Boley,…
GenCorp Inc. was party to 139 pending asbestos claims during the six months ended May 31, 2010, compared with 134 claims during the year ended Nov. 30, 2009, according to the Company’s quarterly report filed on July 9, 2010 with…
The Court of Appeals of Ohio, Eighth District, Cuyahoga County, upheld the ruling of the Cuyahoga County Court of Common Pleas, which granted Goodyear Tire & Rubber, Goodrich Corporation (f/k/a the B.F. Goodrich Company, Inc.), and Foseco, Inc.’s motion to…
On May 14, 2010, John Wheeler Estep Jr., of Catlettsburg, Ky., filed an asbestos lawsuit against 56 defendant corporations in Kanawha Circuit Court, W.Va., The West Virginia Record reports.
On Oct. 30, 2009, Mr. Estep was diagnosed with lung cancer. He…
Park-Ohio Holdings Corp., at March 31, 2010, was a co-defendant in about 290 cases asserting claims on behalf of about 1,200 plaintiffs alleging personal injury as a result of exposure to asbestos.
At Dec. 31, 2009, the Company was a co-defendant…