James Hardie Industries N.V.’s current asbestos liability was US$78.2 million during the fiscal year ended March 31, 2009, compared with US$78.7 million during the fiscal year ended March 31, 2008.
The Company’s long-term asbestos liability was US$1.206 billion during the fiscal…
W. R. Grace & Co. says it is giving a check worth US$250,000 to St. John’s Lutheran Hospital in Libby, Mont., for the 10th consecutive year, the Billings Gazette reports.
The Company operated a Libby vermiculite mine, which closed in 1990,…
Linda Dale Baggett McLemore, Larry Donald Baggett and Hazel Baggett (on behalf of Lawrence Baggett) filed an asbestos lawsuit against 33 defendant corporations in Jefferson County District Court, Tex., on May 20, 2009, The Southeast Texas Record reports.
The defendants include…
Total expense for W. R. Grace & Co. and certain of its current and former employees, over an environmental crimes action in Libby, Mont., was US$24.6 million for the quarter ended March 31, 2009 and US$3 million for the quarter…
W. R. Grace & Co.’s total estimated liability for asbestos remediation related to its former vermiculite operations in Libby, Mont. (including the cost of remediation at vermiculite processing sites outside of Libby), was US$47.7 million at March 31, 2009 and…
A total of 415 asbestos property damage claims (following the reclassification, withdrawal or expungement of claims) remain outstanding against W. R. Grace & Co.
The plaintiffs in asbestos property damage lawsuits generally seek to have the defendants pay for the cost…
James Hardie Industries N.V. had 534 open asbestos claims during the year ended March 31, 2009, compared with 523 open claims during the year ended March 31, 2008.
During the year ended March 31, 2009, the Company noted 607 new claims…
James Hardie Industries N.V.’s asbestos adjustments were US$176.5 million during the quarter ended March 31, 2009, compared with US$182.3 million during the quarter ended March 31, 2009, according to a Company press release dated May 20, 2009.
On May 20, 2009,…
W. R. Grace & Co. is still a defendant in property damage and personal injury lawsuits relating to previously sold asbestos- containing products.
As of the April 2, 2001 bankruptcy Filing Date, the Company was a defendant in 65,656 asbestos-related lawsuits,…
Albany International Corp. is still a direct defendant and as the “successor in interest” to Mount Vernon Mills in asbestos- related cases.
The Company acquired certain assets from Mount Vernon in 1993.
Certain plaintiffs allege injury caused by asbestos-containing products alleged to…