American Biltrite Inc. is a co-defendant with many other manufacturers and distributors of asbestos containing products in about 1,280 pending claims involving about 1,826 individuals as of March 31, 2011.
The Company faced 1,261 asbestos-related claims at Dec. 31, 2010, compared…
Michael Grant Mason, on behalf of Milan Arthur Barackman, on June 1, 2011, filed suit against Foster Wheeler, General Electric Co., Owens-Illinois Inc., Rapid American Corp., Uniroyal Inc., Viacom Inc. and Riley Power Inc. in New Orleans federal court, The…
American Biltrite Inc.’s long-term asbestos-related liabilities amounted to US$17,700,000 as of both March 31, 2011 and Dec. 31, 2010.
The Company’s long-term insurance for asbestos-related liabilities amounted to US$17,646,000 as of both March 31, 2011 and Dec. 31, 2010.
American Biltrite Inc.’s…
Cabot Corporation has asbestos-related exposure in connection with a safety respiratory products business that a subsidiary acquired from American Optical Corporation in an April 1990 asset purchase transaction.
The subsidiary manufactured respirators under the AO brand and disposed of that business…
Caterpillar Inc. continues to be involved in unresolved legal actions including performance liability (including claimed asbestos and welding fumes exposure).
No other significant asbestos matters were disclosed in the Company’s quarterly report filed with the Securities and Exchange Commission on May…
Foster Wheeler AG’s subsidiaries in the United Kingdom faced 289 open asbestos claims as of March 31, 2011, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 4, 2011.
Some of the Company’s subsidiaries in…
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…
The U.S. District Court, Western District of New York, dismissed an asbestos action styled Gail Garner and the Estate of Angelo Palermo, Plaintiffs v. DII Industries, LLC, Asbestos PI, Mark Gleason and Marcellene Malouf, Defendants.
District Judge Charles J. Siragusa entered…
Foster Wheeler AG’s net asbestos-related provision amounted to US$400,000 during the fiscal three months ended March 31, 2011, according to a Company press release dated May 3, 2011.
Net asbestos-related gain amounted to US$747,000 during the fiscal three months ended March…
Mohammad Najib, a 71-year-old pensioner who had worked as a joiner for construction firm John Laing plc, was awarded GBP80,000 in asbestos-related compensation, London 24 reports.
Mr. Najib was an employee of John Laing Plc from 1974 to 1980. It was…