ASBESTOS UPDATE: Bondex, SPHC Still Party to Bodily Injury Suits

RPM International Inc.’s subsidiary Bondex International, Inc., and its parent, Specialty Products Holding Corp., remain as defendants in various asbestos-related bodily injury lawsuits filed in various state courts.

On May 31, 2010, Bondex and SPHC filed voluntary petitions for relief under…

ASBESTOS UPDATE: Cabot Still Involved in AO Respirator Lawsuits

Cabot Corporation’s respirator liabilities 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 or labeled.

The Company has exposure in…

ASBESTOS UPDATE: Cooper Records $165.8MM Receivable at June 30

As of June 30, 2010, Cooper Industries plc’s asbestos-related receivable for recoveries of costs from insurers amounted to US$165.8 million, of which US$56.2 million relate to costs previously paid or insurance settlements.

As of June 30, 2010, the Company, through Pneumo-Abex…

ASBESTOS UPDATE: Cooper Ind. Cites 15,281 Abex Claims at June 30

Cooper Industries plc, at June 30, 2010, recorded 15,281 pending asbestos-related claims that are part of its obligation to Pneumo- Abex Corporation (Pneumo).

In October 1998, the Company sold its Automotive Products business to Federal-Mogul Corporation. These discontinued businesses (including the…

ASBESTOS UPDATE: Cooper Estimates $769.8Mil Liability at June 30

Cooper Industries plc, as of June 30, 2010, estimates that the liability for pending and future asbestos-related indemnity and defense costs for the next 45 years will be US$769.8 million.

Pneumo-Abex Corporation discontinued using asbestos in the Abex Friction product line…

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…

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