Union Carbide Corporation’s receivable for insurance recoveries related to its asbestos liability was US$50 million at both June 30, 2011 and Dec. 31, 2010.
At Dec. 31, 2002, the Company increased the receivable for insurance recoveries related to its asbestos liability…
Like hundreds of other industrial companies, FMC Corporation has been named as one of many defendants in asbestos-related personal injury litigation, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Aug. 3, 2011.
Most of these…
Union Carbide Corporation’s asbestos-related insurance litigation filed in New York court is ongoing.
In September 2003, the Company filed a comprehensive insurance coverage case, now proceeding in the Supreme Court of the State of New York, County of New York, seeking…
Union Carbide Corporation recorded defense costs of US$28 million during the six months ended June 30, 2011, compared with US$36 million during the six months ended June 30, 2010.
The Company posted asbestos-related defense costs of US$13 million during the three…
Union Carbide Corporation faced 57,957 unresolved asbestos claims at June 30, 2011, compared with 66,090 claims at June 30, 2010, according to the Company’s quarterly report filed on Aug. 3, 2011 with the Securities and Exchange Commission.
The Company faced 61,249…
James Wylder, Esq., of Bloomington, Ill., on Aug. 5, 2011, petitioned the Fourth District appellate court to reconsider a July 15, 2011 decision overruling two precedents that have sustained his unique series of trials in McLean County, Ill., in a…
NL Industries, Inc. has been named as a defendant in various lawsuits in several jurisdictions, alleging personal injuries as a result of occupational exposure primarily to products manufactured by its former operations containing asbestos, silica and/or mixed dust.
In addition, some…
Chemtura Corporation is routinely subject to claims and litigation relating to product liability claims, including claims related to its current products and asbestos-related claims concerning premises and historic products of its corporate affiliates and predecessors.
The Company said it believes the…
Rogers Corporation’s current asbestos-related liabilities amounted to US$8,563,000 as of June 30, 2011 and Dec. 31, 2010, according to a Company press release dated Aug. 1, 2011.
The Company’s long-term asbestos-related liabilities amounted to US$21,159,000 as of June 30, 2011 and…
Cytec Industries Inc.’s asbestos liability was US$43 million at June 30, 2011, compared with US$43.5 million at Dec. 31, 2010, according to the Company’s quarterly report filed on July 28, 2011 with the Securities and Exchange Commission.
The Company’s asbestos liability…