ASBESTOS LITIGATION: 271 Cases Pending v. Entrx Corp. at Dec. 31

Entrx Corporation faced 271 pending asbestos cases as of Dec. 31, 2008, compared with 222 cases at Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on March 25, 2009.

At Sept. 30, 2008,…

ASBESTOS LITIGATION: Bush Action v. 37 Firms Filed in Tex. Court

Joyce Bush, on behalf of her late husband Donnie Ray Bush, on March 13, 2009, filed an asbestos-related lawsuit against 37 defendant corporations in the Marshall Division of the Eastern District of Texas, The Southeast Texas Record reports.

Mrs. Bush claims…

ASBESTOS LITIGATION: Taylor’s Suit v. 57 Firms Filed on March 2

The family of Gerald C. Taylor Sr., of Nederland, Tex., filed an asbestos-related lawsuit against 57 defendant corporations in Jefferson County District Court on March 2, 2009, The Southeast Texas Record reports.

On behalf of herself and Florenda Gale Gonzales and…

ASBESTOS LITIGATION: Joy Global Still Facing Liability Lawsuits

Joy Global Inc. and its subsidiaries continue to be involved in various unresolved legal matters that arise in the normal course of operations, the most prevalent of which relate to product liability (including asbestos-related and silicosis liability), employment and commercial…

ASBESTOS LITIGATION: U.S. Steel Facing 450 Lawsuits at Dec. 31

United States Steel Corporation, as of Dec. 31, 2008, faced 450 active asbestos-related cases involving about 3,050 plaintiffs (claims), according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 24, 2009.

As of Sept. 30, 2008,…

ASBESTOS LITIGATION: USG States No Further Obligations to Trust

USG Corporation states that it has no further payment obligations to a trust created and funded under Section 524(g) of the U.S. Bankruptcy Code for the payment of all of the present and future asbestos personal injury liabilities of the…

ASBESTOS LITIGATION: Caterpillar Still Subject to Exposure Cases

Caterpillar Inc. is still subject to unresolved legal actions, including asbestos-related, that arise in the normal course of business.

The most prevalent of these unresolved actions involve disputes related to product design, manufacture and performance liability (including claimed asbestos and welding…

ASBESTOS LITIGATION: $3M Paid in 2008 for USG Corp. Damage Cases

USG Corporation made total payments of about US$3 million in 2008 for asbestos property damage settlements, compared with US$40 million in 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 20, 2009.

Asbestos property…

ASBESTOS LITIGATION: Burns & Roe Plan Hearing Held in Dec. 2008

CNA Financial Corporation says that Burns & Roe Enterprises, Inc.’s (a bankrupt insured) confirmation hearing was held n December 2008 before the the U.S. Bankruptcy Court for the District of New Jersey and District Court jointly.

The Company has insurance coverage…

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