W. R. Grace & Co. says that, as of March 31, 2010, there remains about US$969 million of excess asbestos-related coverage from 53 presently solvent insurers.
The Company holds insurance policies that provide coverage for 1962 to 1985 with respect to…
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$51.5 million at March 31, 2010 and…
A couple from Port Arthur, Tex., Floyd D. Gladden Jr. and Rebecca E. Gladden, on May 3, 2010, filed an asbestos-related lawsuit against 30 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Manufacturing and equipment defendants…
The Dow Chemical Company’s non-current asbestos-related liabilities were US$727 million as of March 31, 2010, compared with US$734 million as of Dec. 31, 2009, according to a Company press release dated April 28, 2010.
The Company’s non-current asbestos-related insurance receivables were…
Olin Corporation and its subsidiaries are still defendants in various legal actions (including proceedings based on alleged exposures to asbestos) incidental to its past and current business activities.
No other asbestos-related matters were reported in the Company’s quarterly report, filed on…
From time to time, FutureFuel Corp. may be party to, or targets of, lawsuits, claims, investigations and proceedings, including product liability, personal injury, asbestos, patent and intellectual property, which the Company expects to be handled and defended in the ordinary…
Cabot Corporation is still party to cases, including asbestos- related, in connection with a safety respiratory products business that a subsidiary acquired from American Optical Corporation (AO) in an April 1990 asset purchase transaction.
The subsidiary manufactured respirators under the AO…
The U.S. District Court, Southern District of Indiana, Terre Haute Division, denied Foster Wheeler LLC’s motion to strike and dismiss Paragraph 27 of Dennis and Suzanne Crowder’s asbestos- related complaint.
The case is styled Dennis Crowder and Suzanne Crowder, Plaintiffs v.…
Madison, Ill.-based RMT Inc. and Detroit-based Homrich Inc. have settled with the State of Wisconsin over charges of breaching asbestos removal rules when demolishing the old Aldrich Chemical building in downtown Milwaukee, as part of the Marquette Interchange reconstruction, The…
Chase Corporation was named as one of the defendants in a complaint filed on June 25, 2009, in an asbestos lawsuit captioned Lois Jansen, Individually and as Special Administrator of the Estate of Thomas Jansen v. Beazer East, Inc., et…