Asbestos claims against ArvinMeritor, Inc.’s subsidiary, Maremont Corporation, dropped from about 35,000 at both Dec. 31, 2008 and Sept. 30, 2008 to 30,000 at March 31, 2009.
Maremont manufactured friction products containing asbestos from 1953 through 1977, when it sold its…
EnPro Industries, Inc. subsidiary Garlock Sealing Technologies, LLC’s new asbestos settlement commitments in the first quarter of 2009 were US$22.5 million, up from US$8.2 million in the first quarter of 2008.
Garlock settles and disposes of actions on a regular basis.…
General Motors Corporation’s liability for asbestos-related matters was US$627 million at March 31, 2009, US$648 million at Dec. 31, 2008 and US$628 million at March 31, 2008.
The Company has been subject to asbestos-related claims in recent years. While it has…
Tenneco Inc. continues to be subject to a number of lawsuits initiated by a significant number of claimants alleging health problems as a result of exposure to asbestos, according to the Company’s latest quarterly report filed with the Securities and…
Standard Motor Products, Inc.’s accrued asbestos liabilities were US$23,673,000 as of March 31, 2009, compared with US$23,758,000 as of Dec. 31, 2008, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.
In 1986, the Company acquired…
Dana Holding Corporation had about 31,000 active pending asbestos personal injury liability claims at March 31, 2009 and at Dec. 31, 2008.
In addition, about 15,000 mostly inactive claims have been settled and are awaiting final documentation and dismissal, with or…
Dana Holding Corporation, at March 31, 2009, had a receivable of US$2 million for the Center for Claims Resolution (CCR) asbestos-related claims to be recovered, according to the Company’s latest quarterly report filed with the Securities and Exchange Commission.
After the…
The U.S. District Court, District of Delaware, issued a ruling in the asbestos case, which is part of In re Federal-Mogul Global, et al., styled Certain Underwriters at Lloyds’s London, et al., Appellants v. Federal-Mogul Global Inc., et al., Appellees.
Senior…
Certain subsidiaries of TRW Automotive Holdings Corp. are still subject to asbestos-related claims, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 6, 2009.
These claims seek damages for illnesses alleged to have resulted from…
BorgWarner Inc. and certain of its other historical general liability insurers still face an asbestos-related declaratory judgment action filed by Continental Casualty Company and related companies (CNA).
The suit was filed in January 2004 in the Circuit Court of Cook County,…