ASBESTOS UPDATE: Harsco Facing 24,120 Pending Claims at June 30

There are 24,120 pending asbestos personal injury claims filed against the Company as of June 30, 2010, according to the Company’s quarterly report filed on Aug. 5, 2010 with the Securities and Exchange Commission.

There were 26,055 pending asbestos personal injury…

ASBESTOS UPDATE: Atkins Action v. 20 Firms Filed Aug. 9 in Texas

Jack Atkins on Aug. 9, 2010, filed an asbestos-related lawsuit against 20 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

Mr. Atkins claims he developed an asbestos-related disease different from the other non-malignant asbestos-related disease for…

ASBESTOS UPDATE: Wilkinson Case v. 9 Firms Filed in Kanawha Co.

An asbestos case styled Carolyn Sue Wilkinson and Richard Wilkinson vs. A.W. Chesterton Company, Certainteed Corporation, FMC Corporation et al was filed on July 28, 2010 in Kanawha County Circuit Court, W.Va., The West Virginia Record reports.

The Wilkinsons claim the…

ASBESTOS UPDATE: 289 Claims Remain v. Foster Wheeler U.K. Units

Foster Wheeler AG’s subsidiaries in the United Kingdom faced 289 open asbestos-related claims as of June 30, 2010, according to the Company’s quarterly report filed on Aug. 5, 2010 with the Securities and Exchange Commission.

To date, 950 claims have been…

ASBESTOS UPDATE: 122,490 U.S. Claims Ongoing v. Foster Wheeler

Foster Wheeler AG’s subsidiaries in the United States faced 122,490 open asbestos claims during the fiscal three months ended June 30, 2010, compared with 130,500 open claims during the fiscal three months ended June 30, 2009, according to the Company’s…

ASBESTOS UPDATE: Foster Wheeler Cites $323.95M June 30 Liability

Foster Wheeler AG’s long-term asbestos-related liability was US$323,947,000 as of June 30, 2010, compared with US$352,537,000 as of Dec. 31, 2009, according to a Company press release dated Aug. 5, 2010.

The Company’s long-term asbestos-related liability was US$338,273,000 as of March…

ASBESTOS UPDATE: Foster Wheeler Still Has $3.7MM Insurance Asset

Foster Wheeler AG, as of June 30, 2010, estimated the value of its unsettled asbestos insurance asset related to ongoing litigation in New York state court with its subsidiaries’ insurers at US$3.7 million.

The litigation relates to the amounts of insurance…

ASBESTOS UPDATE: St. Joseph’s Hospice to Get GBP10,000 in Payout

A High Court judge awarded St. Joseph’s Hospice in Hackney, east London, more than GBP10,000, plus interest, against a Company held liable over the death of one of its patients from mesothelioma, The Press Association reports.

James Wilson, who lived in…

ASBESTOS UPDATE: 3,500 Actions Pending v. Tyco Int’l. at June 30

There were about 3,500 asbestos-related lawsuits pending against Tyco International Ltd. and its subsidiaries as of June 25, 2010, according to the Company’s quarterly report filed on July 29, 2010 with the Securities and Exchange Commission.

Each lawsuit typically includes several…

ASBESTOS UPDATE: Caterpillar Involved in Unresolved Actions

Caterpillar Inc. continues to face unresolved legal actions involving disputes on product design, manufacture and performance liability (including claimed asbestos and welding fumes exposure), contracts, employment issues, environmental matters or intellectual property rights.

No other asbestos-related matters were disclosed in the…

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