Crown Holdings, Inc. says that, during 2010, the states of Nebraska and South Dakota enacted legislation that limits asbestos-related liabilities under state law of companies such as Crown Cork & Seal Company, Inc. that allegedly incurred these liabilities because they…
As of March 31, 2010, Owens-Illinois, Inc. has determined that it is a named defendant in asbestos lawsuits and claims involving about 6,700 plaintiffs and claimants, according to the Company’s quarterly report filed on April 29, 2010 with the Securities…
The Superior Court of Delaware, New Castle County, affirmed the Jan. 6, 2009 ruling of the Industrial Accident Board, which granted Randy Thompson’s petition to determine compensation due against his employer NVF, Inc.
The case is styled NVF Corporation, Employer-Appellant v.…
Owens-Illinois, Inc. says that asbestos-related cash payments during the first quarter of 2010 were US$34 million, down slightly from US$35 million during the first quarter of 2009, according to a Company press dated April 28, 2010.
The deferred amount payable for…
The U.S. District Court, Southern District of Indiana, Terre Haute Division, denied Foster Wheeler LLC’s motion to strike and dismiss Paragraph 27 of Dennis and Suzanne Crowder’s asbestos- related complaint.
The case is styled Dennis Crowder and Suzanne Crowder, Plaintiffs v.…
Cleveland J. Savoy, on Nov. 5, 2009, filed an asbestos-related lawsuit against 38 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Defendants include A.O. Smith Corporation, A.W. Chesterton Company, American Optical, AMETEK Inc., Babcock Borsig AG,…
Fresenius Medical Care AG & Co. KGaA continues to be engaged in litigation with Sealed Air Corporation to confirm its entitlement to indemnification from Sealed Air for all losses and expenses incurred by the Company relating to pre-Merger tax liabilities…
Sealed Air Corporation continues to be party to an asbestos- related class action lawsuit involving the Louisiana Municipal Police Employees Retirement System (MPERS).
On Sept. 15, 2003, the case of Senn v. Hickey, et al. (Case No. 03-CV-4372) was filed in…
Sealed Air Corporation says that settlement agreement and related costs reflected legal and related fees for asbestos-related matters of US$300,000 for the three months ended June 30, 2009 and US$800,000 for the six months ended June 30, 2009.
On Nov. 27,…
The Navigators Group, Inc.’s net loss and loss adjustment expense reserves for its asbestos exposures were US$16,789,000 for the six months ended June 30, 2009, compared with US$16,683,000 for the year ended Dec. 31, 2008.
The Company’s net loss and LAE…