ASBESTOS UPDATE: McLean Lawyer Seeks Rehearing in Honeywell Case

James Wylder, Esq., of Bloomington, Ill., on Aug. 5, 2011, petitioned the Fourth District appellate court to reconsider a July 15, 2011 decision overruling two precedents that have sustained his unique series of trials in McLean County, Ill., in a…

ASBESTOS UPDATE: Rogers’ Liabilities Still at $8.56MM at June 30

Rogers Corporation’s current asbestos-related liabilities amounted to US$8,563,000 as of June 30, 2011 and Dec. 31, 2010, according to a Company press release dated Aug. 1, 2011.

The Company’s long-term asbestos-related liabilities amounted to US$21,159,000 as of June 30, 2011 and…

ASBESTOS UPDATE: 214 Claims Pending v. Rogers Corp. at June 30

There were about 213 pending asbestos claims as of June 30, 2011, against Rogers Corporation, compared with about 194 pending claims at Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on Aug.…

ASBESTOS UPDATE: 4,400 Lawsuits Still Pending v. Tyco at June 30

There were about 4,400 asbestos lawsuits as of June 24, 2011 that were pending against Tyco International Ltd., its subsidiaries or entities for which the Company has assumed responsibility.

There were about 4,400 lawsuits as of March 25, 2011 pending against…

ASBESTOS UPDATE: GE Summary Judgment Bid Denied in Dinneen Case

The Superior Court of Connecticut, Judicial District of Fairfield, denied General Electric Co.’s motion for summary judgment in an asbestos lawsuit styled William Dinneen et al. v. A.O. Smith Corp. et al.

Judge Bellis entered judgment in Case No. CV085018435S on…

ASBESTOS UPDATE: Honeywell Long-Term Liabilities at $1.565-Bil.

Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.565 billion as of June 30, 2011, compared with US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed on July 22, 2011 with the Securities and Exchange…

ASBESTOS UPDATE: Cooper Ind. Posts $250MM Trust Settlement Fund

Cooper Industries plc recorded an asbestos trust settlement funding of US$250 million during the six months ended June 30, 2011, according to a Company press release dated July 21, 2011.

During the first six months of 2011, the Company reported free…

ASBESTOS UPDATE: Fourth District Flips Ruling in Rodarmel Action

Fourth District appellate judges on July 15, 2011, reversed the ruling of Circuit Judge Scott Drazewski, who entered judgment ordering Honeywell International Inc. and Pneumo-Abex to pay Juanita Rodarmel US$683,333, The Madison/St. Clair Record reports.

The appellate judges overruled two Fourth…

ASBESTOS UPDATE: Honeywell Posts $691MM June 30 NARCO Receivable

Honeywell International Inc. recorded an insurance receivable corresponding to the liability for settlement of pending and future asbestos claims related to North American Refractories Company of US$691 million as of June 30, 2011 and US$718 million as of Dec. 31,…

ASBESTOS UPDATE: 23,031 Bendix Claims Pending Against Honeywell

Honeywell International Inc.’s Bendix friction materials business faced 23,031 unresolved asbestos claims during the six months ended June 30, 2011 and 22,480 claims during the year ended Dec. 31, 2010.

During the six months ended June 30, 2011, the Company recorded…

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