Crown Holdings, Inc. says that on Oct. 22, 2010, the Texas Supreme Court, in a 6-2 decision, reversed a lower court decision, Barbara Robinson v. Crown Cork & Seal Company, Inc., No. 14-04-00658-CV, Fourteenth Court of Appeals, Texas, which had…
There were about 555 asbestos-related lawsuits pending against MeadWestvaco Corporation as of Dec. 31, 2010, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 28, 2011.
As with numerous other large industrial companies, the Company…
TriMas Corporation, as of Dec. 31, 2010, was a party to about 1,050 pending cases involving an aggregate of about 8,200 claimants alleging personal injury from exposure to asbestos- containing materials, according to the Company’s annual report filed with the…
Owens-Illinois, Inc.’s asbestos-related cash payments during the full year and fourth quarter of 2010 were US$179 million and US$65 million, respectively, according to a Company press release dated Jan. 26, 2011.
These payments compare with US$190 million and US$68 million for…
As of June 30, 2010, Crown Holdings, Inc.’s accrual for pending and future asbestos-related claims and related legal costs was US$222 million, including US$169 million for unasserted claims and US$1 million for committed settlements that will be paid over time.
The…
Crown Holdings, Inc.’s subsidiary, Crown Cork & Seal Company, Inc., during the six months ended June 30, 2010, faced about 50,000 outstanding asbestos claims.
During the six months ended June 30, 2010, Crown Cork received about 1,100 new claims and settled…
Crown Holdings, Inc.’s subsidiary, Crown Cork & Seal Company, Inc., is still involved in asbestos-related lawsuits in Pennsylvania courts.
In December 2001, the Commonwealth of Pennsylvania enacted legislation that limits the asbestos-related liabilities of Pennsylvania corporations that are successors by corporate…
Crown Holdings, Inc.’s subsidiary, Crown Cork & Seal Company, Inc., is still involved in asbestos-related lawsuits in Texas courts.
In June 2003, the State of Texas enacted legislation that limits the asbestos-related liabilities in Texas courts of companies like Crown Cork…
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…
TriMas Corporation, as of June 30, 2010, was a party to about 1,019 pending cases involving an aggregate of about 8,071 claimants alleging personal injury from exposure to asbestos containing materials, according to the Company’s quarterly report filed on Aug.…