Caterpillar Inc. is still subject to unresolved legal actions, including asbestos-related, that arise in the normal course of business.
The most prevalent of these unresolved actions involve disputes related to product design, manufacture and performance liability (including claimed asbestos and welding…
USG Corporation made total payments of about US$3 million in 2008 for asbestos property damage settlements, compared with US$40 million in 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 20, 2009.
Asbestos property…
Cases involving asbestos filed against Fresenius Medical Care Holdings, Inc. (FMCH) are stayed and transferred to or are pending before the U.S. District Court as part of the W. R. Grace & Co. Chapter 11 Proceedings.
FMCH is the holding company…
The selection process of jurors to hear the Libby, Mont., asbestos criminal trial against W. R. Grace & Co. is ongoing, Montana’s News Station reports.
The three-month hearing is set to start in February 2009.
Grace and several other defendants are facing…
James Hardie Industries N.V. is considering transferring its corporate headquarters from The Netherlands to the United States, where the Company’s operational headquarters are already located, The Age reports.
Hardie had insisted its move to the Netherlands was purely tax- related and…