Ampco-Pittsburgh Corporation’s long-term asbestos liability was US$193,603,000 during the year ended Dec. 31, 2010, compared with US$147,093,000 during the year ended Dec. 31, 2009.
The Company’s long-term asbestos liability was US$138,729,330 as of Sept. 30, 2010. (Class Action Reporter, Nov. 12,…
Ampco-Pittsburgh Corporation and a certain carrier concluded a settlement generally consistent with a Coverage Arrangement in a lawsuit filed by Howden North America, Inc. and all claims between that carrier and the Company were dismissed with prejudice on Dec. 8,…
Ampco-Pittsburgh Corporation and its Air & Liquid Systems Corporation subsidiary, on Feb. 24, 2011, filed a lawsuit in the U.S. District Court for the Western District of Pennsylvania against 13 domestic insurance companies, certain underwriters at Lloyd’s, London and certain…
Ampco-Pittsburgh Corporation faced 8,081 open asbestos-related claims during the year ended Dec. 31, 2010, compared with 8,168 claims during the year ended Dec. 31, 2009, according to the Company’s annual report filed with the Securities and Exchange Commission on March…
BlueLinx Holdings Inc. says that Georgia-Pacific, LLC is a defendant in suits brought in various courts around the nation by plaintiffs who allege that they have suffered personal injury as a result of exposure to products containing asbestos.
These suits allege…
Cooper Industries LLC, together with certain other subsidiaries of the Company, entered into a settlement agreement on Feb. 1, 2011 with Pneumo Abex LLC and certain of its affiliates in connection with a lawsuit filed in the New York State…
Ampco-Pittsburgh Corporation’s loss from operations for the three months ended Dec. 31, 2010 equaled US$(12,399,000) and includes a pre-tax charge of US$19,980,000 for additional net asbestos litigation costs through 2020 associated with products manufactured decades ago by the Air and…
W. R. Grace & Co. recorded US$11.2 million net Chapter 11- and asbestos-related costs during the three months ended Dec. 31, 2010, compared with US$15.4 million during the three months ended Dec. 31, 2009, according to a Company press release…
The Supreme Court of Kentucky reversed the ruling of the Court of Appeals in a case involving asbestos styled CertainTeed Corporation, Appellant v. Ava Nell Dexter, Individually; and James M. Dexter, Executor of the Estate of James G. Dexter, Appellees.
Judges…
James Hardie Industries SE’s contributions to the Asbestos Injury Compensation Fund may be in jeopardy after it lost an appeal against a tax ruling, The Australian reports.
The ruling — that the Company owes AU$412 million in unpaid taxes and penalties,…