ASBESTOS UPDATE: Grace Still Subject to Personal Injury Actions

W. R. Grace & Co. continues to face asbestos personal injury claims that allege adverse health effects from exposure to asbestos-containing products formerly manufactured by the Company.

Cumulatively through the April 2, 2001 Filing Date, 16,354 asbestos personal injury lawsuits involving…

ASBESTOS UPDATE: Grace Records $51.4MM June 30 Libby Liabilities

W. R. Grace & Co.’s total estimated liability for asbestos remediation studies and other estimable matters related to its former vermiculite operations in Libby, Mont., as well as the cost of remediation at vermiculite processing sites outside of Libby, was…

ASBESTOS UPDATE: Grace Records $970MM Coverage From 54 Insurers

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…

ASBESTOS UPDATE: H.B. Fuller Summary Judgment Denied in Saldibar

The Superior Court of Connecticut denied H.B. Fuller Company’s motion for summary judgment in a case involving asbestos filed by Hannibal Saldibar.

The case is styled Hannibal Saldibar et al. v. A.O. Smith Corp. et al.

Judge Barbara N. Bellis entered judgment…

ASBESTOS UPDATE: Grace Has $145.7MM Cleanup Liability at June 30

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…

ASBESTOS UPDATE: “Premises” Lawsuits Still Pending v. Huntsman

Huntsman Corporation has been named as a “premises defendant” in a number of asbestos exposure cases, typically claims by nonemployees of exposure to asbestos while at a facility.

In the past, these cases typically have involved multiple plaintiffs bringing actions against…

ASBESTOS UPDATE: PPG Industries Still Named in Exposure Actions

For over 30 years, PPG Industries Inc. has been a defendant in lawsuits involving claims alleging personal injury from exposure to asbestos.

Most of the Company’s potential exposure relates to allegations by plaintiffs that the Company should be liable for injuries…

ASBESTOS UPDATE: VWR Funding Subject to Potential Exposure Cases

VWR Funding, Inc., from time to time, is named as a defendant in cases that arise as a result of its distribution of laboratory supplies, including litigation resulting from the alleged prior distribution of products containing asbestos by certain of…

ASBESTOS UPDATE: Graham Corp. Still Involved in Exposure Actions

Graham Corporation is still named as a defendant in certain lawsuits alleging personal injury from exposure to asbestos contained in products made by the Company, according to the Company’s quarterly report filed on Aug. 5, 2011 with the Securities and…

ASBESTOS UPDATE: MeadWestvaco Still Facing 530 Cases at June 30

MeadWestvaco Corporation, as of June 30, 2011, faced about 530 asbestos-related lawsuits, according to the Company’s quarterly report filed on Aug. 4, 2011 with the Securities and Exchange Commission.

As with numerous other large industrial companies, the Company has been named…

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