ASBESTOS UPDATE: Honeywell Posts $40MM June 30 Litigation Charge

Honeywell International Inc. recorded asbestos litigation charges, net of insurance, of US$40 million during the three months ended June 30, 2011, compared with US$49 million during the three months ended June 30, 2010.

The Company recorded asbestos litigation charges, net of…

ASBESTOS UPDATE: Court Junks GE Summary Judgment in Dinneen Case

The Superior Court of Connecticut denied General Electric Co.’s (GE) motion for summary judgment in an asbestos case filed by William Dinneen and Donna Anderson.

The case is styled William Dinneen et al. v. A.O. Smith Corp. et al.

Judge Barbara N.…

ASBESTOS UPDATE: Applica Consumer Still Facing 3 Exposure Cases

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…

ASBESTOS UPDATE: Magnetek Inc. Still Subject to Liability Cases

Magnetek, Inc. has been named, along with multiple other defendants, in asbestos-related lawsuits associated with business operations previously acquired by the Company, but which are no longer owned.

During the Company’s ownership, none of the businesses produced or sold asbestos-containing products.…

ASBESTOS UPDATE: MYR Group Inc. Still Subject to Asbestos Claims

MYR Group Inc. is routinely subject to asbestos-related claims concerning historic operations of a predecessor affiliate, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 9, 2011.

The Company said it believes that it has…

ASBESTOS UPDATE: AMETEK Still Involved in Exposure Actions

AMETEK, Inc., including its subsidiaries, has been named as a defendant in a number of asbestos-related lawsuits.

Many of these lawsuits either relate to businesses that were acquired by the Company and do not involve products that were manufactured or sold…

ASBESTOS UPDATE: Baxley’s Remand Bid Denied in Reliance Lawsuit

The U.S. District Court, District of South Carolina, Columbia, Division, denied Cathy Ann Baxley’s Motion for Remand in an asbestos case filed against Reliance Electric Company and other defendants.

The case is styled Cathy Ann Baxley, Individually and as Personal Representative…

ASBESTOS UPDATE: Claims v. Rogers Corp. Surge to 214 at March 31

There were about 214 asbestos claims pending against Rogers Corporation as of March 31, 2011, 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 May…

ASBESTOS UPDATE: Mich. Appeals Court OKs Ruling In Falk Lawsuit

The Court of Appeals of Michigan affirmed the ruling of the Calhoun Circuit Court, which granted summary judgment in favor of various defendants, in an asbestos lawsuit filed on behalf of Earl Falk.

Judges Servitto, Gleicher and Shapiro entered judgment in…

ASBESTOS UPDATE: Rogers’ March 31 Current Liabilities at $8.56MM

Rogers Corporation’s current asbestos-related liabilities were US$8,563,000 as of both March 31, 2011 and Dec. 31, 2010, according to a Company press release dated May 2, 2011.

The Company’s long-term asbestos-related liabilities were US$21,159,000 as of both March 31, 2011 and…

Page 3 of 12«12345»...Last »