ASBESTOS UPDATE: CBL Still Has $2.9MM March 31 Cleanup Liability

CBL & Associates Properties, Inc., as of both March 31, 2011 and Dec. 31, 2010, has recorded in its financial statements a liability of US$2.9 million related to potential future asbestos abatement activities at its Properties, according to the Company’s…

ASBESTOS UPDATE: Liggett Still Facing Love Injury Action in Md.

Vector Group Ltd.’s Liggett Group LLC subsidiary continues to face an asbestos lawsuit styled Love, et al. v. John Crane-Houdaille, Inc. et al., Case No. 24-X-08-000120, Circuit Court, Maryland, Baltimore City.

In the case filed on June 1, 2010, plaintiff and…

ASBESTOS UPDATE: Chiquita Records 2,250 MARDOC Actions Dismissed

Chiquita Brands International, Inc. says that, of the MARDOC cases pending in Federal court in Pennsylvania (claims alleging injury or illness from exposure to asbestos), about 2,250 of about 4,000 cases that had been administratively dismissed without prejudice (i.e., with…

ASBESTOS UPDATE: Del. Court Okays Albany Int’l. Summary Judgment

The Superior Court of Delaware, New Castle County, granted Albany International Corp.’s motion for summary judgment in an asbestos lawsuit filed in behalf of Robert James.

Judge Peggy L. Ableman entered judgment in Civil Action No. 08C-11-215 ASB on Feb. 16,…

ASBESTOS UPDATE: Liggett Still Subject to Kraska’s Action in Md.

Vector Group Ltd.’s Liggett Group LLC subsidiary is a defendant in a case involving asbestos styled Kraska, et al. v. John Crane- Houdaille, Inc. et al., Case No. 24X08000209, Circuit Court, Maryland, Baltimore City.

In the case filed on Aug. 2,…

ASBESTOS UPDATE: Liggett Group Still Facing Burik Lawsuit in Md.

Vector Group Ltd.’s Liggett Group LLC subsidiary continues to face an asbestos lawsuit styled Burik, et al. v. John Crane-Houdaille, Inc. et al., Case No. 24-X-08-000429, Circuit Court, Maryland, Baltimore City.

In the case filed on June 9, 2010, plaintiff is…

ASBESTOS UPDATE: Liggett Still Subject to Schoppert Claim in Md.

Vector Group Ltd.’s Liggett Group LLC subsidiary is still a defendant in an asbestos case styled Schoppert, et al., v. John Crane-Houdaille, Inc., et al., Case No. 24-X-07-000300, Circuit Court, Maryland, Baltimore City.

In the case filed on Feb. 19, 2010,…

ASBESTOS UPDATE: Claims v. Harsco Decrease to 19,293 at March 31

Harsco Corporation, at March 31, 2011, faced 19,293 pending asbestos personal injury claims, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 5, 2011.

There were about 19,316 pending asbestos personal injury claims filed against…

ASBESTOS UPDATE: 16 Cases Pending v. Parker Drilling at March 31

There were about 16 asbestos lawsuits at March 31, 2011, in which Parker Drilling Company is one of many defendants, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 5, 2011.

These lawsuits have been…

ASBESTOS UPDATE: M&F Posts $20MM Pneumo Abex Charges in 1stQ

M & F Worldwide Corp., during the three months ended March 31, 2011, recorded a charge of US$20 million as a result of payment obligations regarding the Pneumo Abex LLC settlement.

The Company’s non-operating contingent claims were generally associated with its…

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