As of March 31, 2009, Cooper Industries, Ltd.’s asbestos receivable for recoveries of costs from insurers amounted to US$183.3 million, of which US$66.9 million relate to costs previously paid or insurance settlements.
The Company’s asbestos-related receivable for recoveries of costs from…
About 4,700 asbestos liability cases are pending against Tyco International Ltd. and its subsidiaries as of March 27, 2009, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 30, 2009.
About 4,800 asbestos-related liability cases…
A jury in Bay County, Fla., on April 28, 2009, awarded US$995,600 in damages and medical bills to Betty McBride for the wrongful asbestos-related death of her husband, Woodrow McBride, the News Herald reports.
Trial in the case began on April…
The Court of Appeals of Oregon upheld the ruling of the Multnomah County Circuit Court, which dismissed Suzann K. Mason’s asbestos-related lawsuit filed against General Electric Company.
The case is styled Suzanne K. Mason, personal representative of the estate of Thomas…
The U.S. District Court, District of Rhode Island, denied Michael D. Beamis’ Motion to Remand in an asbestos lawsuit filed against General Electric Company (GE).
The case is styled Michael D. Beamis, Plaintiff v. Buffalo Pumps, Inc., et al., Defendant.
U.S. District…
Houston Wire & Cable Company, along with many other defendants, faces asbestos lawsuits in the state courts of Minnesota, North Dakota and South Dakota, according to the Company’s annual report filed with the Securities and Exchange Commission on March 16,…
Baldor Electric Company continues to be a defendant in lawsuits alleging personal injury as a result of exposure to asbestos that was allegedly used in certain components of its products many years ago, according to the Company’s annual report filed…
The Superior Court of Connecticut, Judicial District of Fairfield denied Guardline, Inc.’s motion for summary judgment in an asbestos-related lawsuit filed by Louise Humphrey, on behalf of Clara Green.
The case is styled Janet Longo et al. (Louise Humphrey Executor of…
Cooper Industries, Ltd., in the third quarter of 2008, recognized an asbestos-related after-tax discontinued operations income of US$16.6 million or US$0.09 per share, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on Jan.…