W. R. Grace & Co. says that, as of June 30, 2011, there remains about US$970 million of asbestos-related excess coverage from 54 presently solvent insurers.
The Company estimates that eligible claims would have to exceed US$4 billion to access total…
W. R. Grace & Co.’s estimated liability for environmental investigative and remediation costs — non-asbestos and asbestos- related — totaled US$140.9 million at June 30, 2011, as compared with US$145.7 million at Dec. 31, 2010.
The amount is based on funding…
Caterpillar Inc. continues to be involved in unresolved legal actions including performance liability (including claimed asbestos and welding fumes exposure).
No other significant asbestos matters were disclosed in the Company’s quarterly report filed with the Securities and Exchange Commission on Aug.…
BlueLinx Holdings, Inc. says that Georgia-Pacific, LLC is a defendant in suits brought in various courts around the nation by plaintiffs who allege that they have suffered personal injury as a result of exposure to products containing asbestos.
These suits allege…
W. R. Grace & Co.’s net Chapter 11 and asbestos-related costs amounted to US$9 million during the three months ended June 30, 2011, compared with US$7.8 million during the three months ended June 30, 2010, according to a Company report,…
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…
James Hardie Industries SE’s total asbestos liability amounted to US$1.698 billion as of March 31, 2011, of which US$111.1 million was current and US$1.587 billion was non-current.
The Company’s total asbestos liability amounted to US$1.619 billion as of March 31, 2010,…
Deere & Company is subject to various unresolved legal actions which arise in the normal course of its business, the most prevalent of which relate to product liability (including asbestos related liability), retail credit, software licensing, patent and trademark matters.
No…
James Hardie Industries SE faced 564 open asbestos claims for the year ended March 31, 2011, compared with 529 claims for the year ended March 31, 2010.
For the year ended March 31, 2011, the Company recorded 494 new claims and…
James Hardie Industries SE’s results include favorable asbestos adjustments of US$5.3 million for the quarter ended March 31, 2011, according to a Company report, on Form 6-K, filed with the Securities and Exchange Commission on May 20, 2011.
For the full…