Foster Wheeler AG’s net asbestos-related provision amounted to US$3,427,000 during the quarter ended June 30, 2011, compared with US$4,044,000 during the quarter ended June 30, 2010.
The Company’s net asbestos-related provision amounted to US$400,000 during the fiscal three months ended March…
There were about 4,400 asbestos lawsuits as of June 24, 2011 that were pending against Tyco International Ltd., its subsidiaries or entities for which the Company has assumed responsibility.
There were about 4,400 lawsuits as of March 25, 2011 pending against…
A court ruled that RPM International Inc.’s Bondex International Inc. subsidiary is unable to acquire data on compensation paid to asbestos victims the company wants to use to calculate future liabilities, Bloomberg reports.
On July 26, 2011, U.S. Bankruptcy Judge Judith…
United States Steel Corporation, as of June 30, 2011, was a defendant in about 620 active asbestos cases involving about 3,160 plaintiffs, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 26, 2011.
As of…
Cooper Industries plc recorded an asbestos trust settlement funding of US$250 million during the six months ended June 30, 2011, according to a Company press release dated July 21, 2011.
During the first six months of 2011, the Company reported free…
Chicago Bridge & Iron Company N.V., at June 30, 2011, had accrued about US$1.5 million for asbestos liability and related expenses, according to the Company’s quarterly report filed on July 22, 2011 with the Securities and Exchange Commission.
The Company is…
Joy Global Inc. and its subsidiaries are still involved in various unresolved legal matters that arise in the normal course of operations, the most prevalent of which relate to product liability — including over 1,000 asbestos and silica-related cases —…
Certain of McDermott International, Inc.’s subsidiaries are still defendants in an asbestos lawsuit entitled Antoine, et al. v. McDermott, Inc., et al., which is pending in Texas court.
In a proceeding entitled Antoine, et al. vs. J. Ray McDermott, Inc., et…
Certain of McDermott International, Inc.’s subsidiaries are involved in an asbestos-related declaratory judgment action entitled Certain Underwriters at Lloyd’s London, et al. v. J. Ray McDermott, Inc. et al.
The suit was filed on or about Aug. 23, 2004, by certain…
Deere & Company is subject to various unresolved legal actions which arise in the normal course of its business, the most prevalent of which relate to product liability (including asbestos related liability), retail credit, software licensing, patent and trademark matters.
No…