Crown Holdings, Inc., during the six months ended June 30, 2011, paid US$10 million to settle outstanding asbestos claims and had 1,000 new claims.
During the six months ended June 30, 2011, the Company recorded 1,000 settlements or dismissals and 50,000…
Crown Holdings, Inc.’s accrual for pending and future asbestos- related claims and related legal costs was US$239 million as of June 30, 2011, including US$189 million for unasserted claims.
The Company’s accrual for pending and future asbestos-related claims and related legal…
Crown Holdings, Inc.’s subsidiary, Crown Cork & Seal Company, Inc., continues to be involved in asbestos-related lawsuits in Texas and Pennsylvania courts.
In June 2003, the State of Texas enacted legislation that limits the asbestos-related liabilities in Texas courts of companies…
Sealed Air Corporation continues face asbestos-related lawsuits in Canadian courts.
In November 2004, the Company’s Canadian subsidiary Sealed Air (Canada) Co./Cie learned that it had been named a defendant in the case of Thundersky v. The Attorney General of Canada, et…
MeadWestvaco Corporation, as of June 30, 2011, faced about 530 asbestos-related lawsuits, according to the Company’s quarterly report filed on Aug. 4, 2011 with the Securities and Exchange Commission.
As with numerous other large industrial companies, the Company has been named…
A second asbestos lawsuit on behalf of James Lee Purks was filed against 18 defendant corporations in Jefferson County District Court, Tex., on Aug. 4, 2011, The Southeast Texas Record reports.
The suit was filed by James Purks’ family (Patricia, Robert,…
Owens-Illinois, Inc.’s asbestos-related cash payments during the second quarter of 2011 were US$35 million, compared to US$43 million in the second quarter of 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on…
TriMas Corporation, as of June 30, 2011, was a party to about 1,102 pending cases involving an aggregate of about 8,229 claimants alleging personal injury from exposure to asbestos containing materials.
As of March 31, 2011, the Company was a party…
Owens-Illinois, Inc. says that, as of June 30, 2011, it has determined that it is a named defendant in asbestos lawsuits and claims involving about 5,700 plaintiffs and claimants, according to the Company’s quarterly report filed with the Securities and…
There were about 530 asbestos-related personal injury lawsuits pending against MeadWestvaco Corporation as of March 31, 2011, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 5, 2011.
There were about 555 asbestos-related lawsuits pending…