ASBESTOS UPDATE: Pfizer Inc. Still Subject to Gibsonburg Claims

Numerous lawsuits are pending against Pfizer in various federal and state courts seeking damages for alleged personal injury from exposure to products containing asbestos and other allegedly hazardous materials sold by Gibsonburg Lime Products Company.

Gibsonburg was acquired by the Company…

ASBESTOS UPDATE: Warner-Lambert Still Involved in AO’s Lawsuits

Pfizer Inc.’s Warner-Lambert subsidiary is actively engaged in the defense of, and will continue to explore various means to resolve, asbestos-related claims involving American Optical Corporation.

Between 1967 and 1982, Warner-Lambert owned AO, which manufactured and sold respiratory protective devices and…

ASBESTOS UPDATE: Pfizer Unit Still Subject to Exposure Lawsuits

Pfizer Inc.’s wholly owned Quigley Company, Inc. continues to be subject to asbestos-related exposure litigation.

Quigley was acquired by the Company in 1968 and sold small amounts of products containing asbestos until the early 1970s. In September 2004, the Company and…

ASBESTOS UPDATE: Fresenius Still Involved in Sealed Air Actions

Fresenius Medical Care AG & Co. KGaA is 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 and Merger-related…

ASBESTOS UPDATE: Pfizer to Lend Quigley Subsidiary Up to $65MM

Pfizer Inc. has agreed to lend its Quigley unit as much as US$65 million in cash to extend Quigley’s bankruptcy, potentially giving Pfizer more protection against claims for asbestos-related health issues, Bloomberg reports.

Quigley asked U.S. Bankruptcy Judge Stuart Bernstein for…

ASBESTOS UPDATE: Cases v. Mallinckrodt Rise to 11.5T at June 24

Covidien Public Limited Company says that, as of June 24, 2011, there were about 11,500 asbestos liability cases pending against its Mallinckrodt Inc. subsidiary, according to the Company’s quarterly report filed on July 29, 2011, with the Securities and Exchange…

ASBESTOS UPDATE: Quigley Co. Files Revised Bankruptcy-Exit Plan

Pfizer Inc.’s Quigley Company, Inc. subsidiary, on April 6, 2011, filed a revised plan of reorganization and accompanying disclosure statement with the U.S. Bankruptcy Court for the Southern District of New York, according to the Company’s quarterly report filed on…

ASBESTOS UPDATE: Fresenius Involved in Litigation With Sealed Air

Fresenius Medical Care AG & Co. KGaA is 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 and Merger-related…

ASBESTOS UPDATE: 11.2T Cases Pending v. Mallinckrodt at March 25

Covidien Public Limited Company says that, as of March 25, 2011, there were about 11,200 asbestos liability cases pending against subsidiary Mallinckrodt Inc., according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 3, 2011.

As…

ASBESTOS UPDATE: Fresenius Still Party to Sealed Air Cases

Fresenius Medical Care AG & Co. KGaA is involved in litigation with Sealed Air Corporation to confirm entitlement to indemnification from Sealed Air for losses and expenses incurred by the Company on pre-Merger tax liabilities and Merger-related claims.

The Company was…

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