ASBESTOS UPDATE: Chicago Bridge Posts $1.8MM March 31 Liability

Chicago Bridge & Iron Company N.V., at March 31, 2011, had accrued about US$1.8 million for asbestos liability and related expenses, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 27, 2011.

The Company is…

ASBESTOS UPDATE: Tyco Int’l. Still Has 4,400 Actions at March 25

There were about 4,400 lawsuits as of March 25, 2011 pending against Tyco International Ltd. and its subsidiaries or entities for which the Company has assumed responsibility.

There were about 4,400 asbestos lawsuits pending against the Company and its subsidiaries or…

ASBESTOS UPDATE: McDermott Units Still Facing La. Insurance Case

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…

ASBESTOS UPDATE: Lawsuits v. U.S. Steel Rise to 585 at March 31

United States Steel Corporation, as of March 31, 2011, was a defendant in about 585 active asbestos cases involving about 3,125 plaintiffs, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 26, 2011.

At Dec.…

ASBESTOS UPDATE: McDermott Units Subject Antoine Lawsuit in Tex.

McDermott International, Inc. subsidiaries are 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 al., filed in…

ASBESTOS UPDATE: 39 Suits Pending v. American Locker at March 9

The balance of unresolved asbestos cases against American Locker Group Incorporated as of March 9, 2011, the most recent date information is available, is about 39 cases, according to the Company’s annual report filed with the Securities and Exchange Commission…

ASBESTOS UPDATE: RPM Int’l. to Fund Trust for Asbestos Victims

Gregory Gordon, Esq., said on March 29, 2011 that RPM International Inc. will contribute an unspecified amount of money to win protection from future asbestos lawsuits, Bloomberg reports.

Mr. Gordon said before a U.S. Judge at a hearing in Wilmington, Del.,…

ASBESTOS UPDATE: Settlement Deal in Cooper Action Reached Feb. 1

Cooper Industries LLC, together with certain other subsidiaries of the Company, entered into a settlement agreement on Feb. 1, 2011 with Pneumo Abex LLC and certain of its affiliates in connection with a lawsuit filed in the New York State…

ASBESTOS UPDATE: Cabot Corp. Subject to AO Respirator Liability

Cabot Corporation continues to be subject to respirator liabilities, which involve claims for personal injury, including asbestosis, silicosis and coal worker’s pneumoconiosis, allegedly resulting from the use of American Optical Corporation respirators that are alleged to have been negligently designed…

ASBESTOS UPDATE: Appeal Court Ruling Flipped in CertainTeed Case

The Supreme Court of Kentucky reversed the ruling of the Court of Appeals in a case involving asbestos styled CertainTeed Corporation, Appellant v. Ava Nell Dexter, Individually; and James M. Dexter, Executor of the Estate of James G. Dexter, Appellees.

Judges…

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