ASBESTOS UPDATE: Exposure Lawsuits Still Ongoing v. Eaton Corp.

Eaton Corporation remains subject to claims, administrative and legal proceedings, like lawsuits that relate to contractual allegations, tax audits, patent infringement, personal injuries (including asbestos claims), antitrust matters and employment- related matters, according to the Company’s quarterly report filed on…

ASBESTOS UPDATE: ITT Corp. Posts $1.576-Bil. June 30 Liabilities

ITT Corporation’s long-term asbestos-related liabilities amounted to US$1.576 billion as of June 30, 2011, compared with US$1.559 billion as of Dec. 31, 2010.

The Company’s long-term asbestos-related assets amounted to US$924 million as of June 30, 2011, compared with US$930 million…

ASBESTOS UPDATE: Claims v. ITT Corp. Surge to 104,316 at June 30

ITT Corporation faced 104,316 pending asbestos claims during the six month period ended June 30, 2011, compared with 103,575 claims during the year ended Dec. 31, 2010.

The Company faced 103,678 pending asbestos claims as of March 31, 2011. (Class Action…

ASBESTOS UPDATE: Trial in Cannon Electric Case Set for Nov. 2011

ITT Corporation says a trial on several insurers coverage obligations for Goulds Pumps, Inc., is scheduled for November 2011.

The Company said a trial on several insurers coverage obligations for Goulds Pumps, Inc., is scheduled for August 2011. (Class Action Reporter,…

ASBESTOS UPDATE: DuPont Seeks Continuance in Whisnant’s Lawsuit

E.I. du Pont de Nemours and Company, on June 27, 2011, filed an unopposed motion for continuance, asking Judge Donald Floyd to continue an asbestos case filed by Caryl Richardson on behalf of her late father, Willis Whisnant Jr., The…

ASBESTOS UPDATE: Travelers Units Still Named in Insurance Cases

Certain subsidiaries of The Travelers Companies, Inc. continue to be named in asbestos-related direct action litigation.

In October 2001 and April 2002, two purported class action suits (Wise v. Travelers and Meninger v. Travelers) were filed against Travelers Property Casualty Corp.…

ASBESTOS UPDATE: GE Summary Judgment Bid Denied in Dinneen Case

The Superior Court of Connecticut, Judicial District of Fairfield, denied General Electric Co.’s motion for summary judgment in an asbestos lawsuit styled William Dinneen et al. v. A.O. Smith Corp. et al.

Judge Bellis entered judgment in Case No. CV085018435S on…

ASBESTOS UPDATE: Travelers Net Reserve at $2.438-Bil. at June 30

The Travelers Companies, Inc.’s net asbestos-related reserves amounted to US$2.438 billion as of June 30, 2011, compared with US$2.593 billion as of June 30, 2010, according to a Company press release dated July 21, 2011.

Headquartered in New York, The Travelers…

ASBESTOS UPDATE: Hutto Case v. 18 Firms Filed on June 28 in Tex.

Juanita Keith Hutto, on June 28, 2011, filed an asbestos lawsuit on behalf of Jimmie Jefferson Hutto against 18 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

The defending companies named in the complaint are: A.W.…

ASBESTOS UPDATE: Court Issues Split Ruling in Henderson Lawsuit

The Superior Court of Delaware, New Castle County, issued split rulings in a case involving asbestos filed on behalf of Elizabeth Henderson and her son, Bruce Henderson.

Peggy L. Ableman entered judgment in Civil Action Nos. 09C-07-188 ASB and 09C-04-293 ASB…

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