ASBESTOS UPDATE: Sealed Air Units Still Facing Claims in Canada

Certain of Sealed Air Corporation’s subsidiaries in Canada are still parties to asbestos-related litigation filed in various 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…

ASBESTOS LITIGATION: TriMas Party to 805 Lawsuits (7,528 Claims)

TriMas Corporation, as of June 30, 2009, was a party to 805 pending cases involving an aggregate of 7,528 claimants alleging personal injury from exposure to asbestos containing materials.

As of March 31, 2009, the Company was a party to 777…

ASBESTOS LITIGATION: Crown Cork Still Has 50T Claims at June 30

Crown Holdings, Inc.’s subsidiary, Crown Cork & Seal Company, Inc., still faced 50,000 outstanding asbestos claims during the six months ended June 30, 2009.

During the six months ended June 30, 2009, Crown Cork received about 1,000 new claims and settled…

ASBESTOS LITIGATION: Crown Cork Still Has Suits in Texas Courts

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…

ASBESTOS LITIGATION: Crown Cork Still Facing Cases in Pa. Courts

Crown Holdings, Inc.’s subsidiary, Crown Cork & Seal Company, 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 merger…

ASBESTOS LITIGATION: Owens-Illinois Pays $49.4M for Claims in 2Q

Owens-Illinois, Inc.’s asbestos-related cash payments during the second quarter of 2009 were US$49.4 million, down from US$63.4 million during the second quarter of 2008, according to a Company press release dated July 29, 2009.

The deferred amount payable for previously settled…

ASBESTOS LITIGATION: Conley Action Filed v. 14 Firms on July 21

Derrill and Carolyn Conley, on July 21, 2009, filed an asbestos lawsuit against 14 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.

The Conleys claim Mr. Conley developed an asbestos-related disease during the course of his…

ASBESTOS LITIGATION: Owens-Illinois Dismissal Denied in Lluerma

The Superior Court of Delaware, New Castle County denied Owens- Illinois, Inc.’s motion to dismiss, based on forum non conveniens, an asbestos action filed by Manuel Letran Lluerma and his wife Juana Bazuelo Ordiales.

The case is styled Manuel Letran Lluerma…

ASBESTOS LITIGATION: Crown Holdings Cites $3MM March 31 Payments

Crown Holdings, Inc. made asbestos-related payments of US$3 million during the three months ended March 31, 2008, compared with US$4 million during the three months ended March 31, 2008, according to a Company report, on Form 8-K, filed with the…

ASBESTOS LITIGATION: Sealed Air Facing Claims From Cryovac Deal

Sealed Air Corporation, since the beginning of 2000, has been served with lawsuits alleging that, as a result of the Cryovac transaction, it is responsible for alleged asbestos liabilities of W. R. Grace & Co. and its subsidiaries, some of…

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