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: 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: 138 Injury Claims Pending v. GenCorp at May 31

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…

ASBESTOS UPDATE: Exposure Cases Still Ongoing v. Navistar Int’l.

Along with other vehicle manufacturers, Navistar International Corporation has been subject to an increase in the number of asbestos-related claims in recent years.

In general, these claims relate to illnesses alleged to have resulted from asbestos exposure from component parts found…

ASBESTOS UPDATE: U.S. Auto Parts Unit Subject to Injury Actions

U.S. Auto Parts Network, Inc.’s subsidiary, Automotive Specialty Accessories and Parts (WAG) is a defendant in several lawsuits involving claims for damages caused by installation of brakes during the late 1960s and early 1970s that contained asbestos.

WAG marketed certain brakes,…

ASBESTOS UPDATE: Pending Claims v. Dana Drop to 29T at March 31

Dana Holding Corporation had about 29,000 active pending asbestos personal injury liability claims at March 31, 2011 versus 30,000 at Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 27, 2011.

In…

ASBESTOS UPDATE: Dana Holding Has $51MM March 31 Insurance Asset

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

Dana Holding…

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