Honeywell International Inc. continues to face an asbestos-related declaratory judgment action in the Supreme Court of New York, County of New York.
In the second quarter of 2006, Travelers Casualty and Insurance Company filed the action against the Company and other…
Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future NARCO-related asbestos claims of US$685 million as of Sept. 30, 2011 and US$718 million as of Dec. 31, 2010.
The Company owned North American…
Honeywell International Inc. recorded asbestos-related litigation charges, net of insurance, of US$38 million during the three months ended Sept. 30, 2011, compared with US$48 million during the three months ended Sept. 30, 2010.
The Company recorded litigation charges, net of insurance,…
Honeywell International Inc.’s Bendix friction materials business faced 22,800 asbestos-related claims during the nine months ended Sept. 30, 2011, compared with 22,480 claims during the year ended Dec. 31, 2010.
Bendix manufactured automotive brake parts that contained chrysotile asbestos in an…
Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.574 billion as of Sept. 30, 2011 and US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed on Oct. 21, 2011 with the U.S. Securities and Exchange…
The U.S. District Court, Southern District of Illinois, granted a motion to remand filed by Joseph Sublett and Virginia A. Sublett in an asbestos case filed against General Electric Company.
The case is styled Joseph Sublett, et al., Plaintiffs v. Air…
The Superior Court of Pennsylvania upheld the ruling of the Court of Common Pleas, Allegheny County, Civil Division, which granted summary judgment in favor of General Electric Company, in an asbestos case filed by Ernest G. Rabatin for Scot W.…
Magnetek, Inc. has been named, along with multiple other defendants, in asbestos-related lawsuits associated with business operations it previously acquired, but which are no longer owned.
During the Company’s ownership, none of the businesses produced or sold asbestos-containing products.
The Company also…
From time to time, Harris Corporation faces product liability lawsuits related to the prior sale or use of products containing asbestos or other restricted materials.
No significant asbestos-related matters were discussed in the Company’s annual report filed on Aug. 29, 2011…
Spectrum Brands Holdings, Inc.’s Applica Consumer Products, Inc. subsidiary is a defendant in three asbestos lawsuits in which the plaintiffs have alleged injury as the result of exposure to asbestos in hair dryers distributed by that subsidiary over 20 years…