An oral argument on an asbestos case involving Juanita Rodarmel, Honeywell International Inc. and Pneumo Abex was held April 28, 2011 in McLean County, Ill., The Madison/St. Clair Record reports.
In the oral argument, Justice John Turner poked holes in a…
There were about 4,400 lawsuits as of March 25, 2011 pending against Tyco International Ltd. and its subsidiaries or entities for which the Company has assumed responsibility.
There were about 4,400 asbestos lawsuits pending against the Company and its subsidiaries or…
Honeywell International Inc.’s Bendix friction materials business faced 22,604 unresolved asbestos claims during the three months ended March 31, 2011 and 22,480 claims during the year ended Dec. 31, 2010.
During the three months ended March 31, 2011, the Company recorded…
Honeywell International Inc.’s long-term asbestos-related liabilities amounted to US$1.556 billion as of both March 31, 2011 and US$1.557 billion as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on April 21,…
Honeywell International Inc. continues to face Travelers Casualty and Insurance Company’s lawsuit, disputing obligations for North American Refractories Company-related asbestos claims under high excess insurance coverage issued by Travelers and other insurance carriers.
In the second quarter of 2006, Travelers filed…
Honeywell International Inc.’s consolidated financial statements reflect an insurance receivable corresponding to the liability for settlement of pending and future North American Refractories Company-related asbestos claims of US$714 as of March 31, 2011 and US$718 million as of Dec. 31,…
The U.S. District Court, Eastern District of Pennsylvania, granted Ford Motor Company and Honeywell International Inc.’s request for information contained in the claims submitted Shirley Shepherd to bankruptcy trusts.
The case is styled Shirley Shepherd v. Pneumo-Abex, LLC, et al.
U.S. Magistrates…
MYR Group Inc. is still routinely subject to claims related to its current services and operations, and asbestos-related claims concerning historic operations of a predecessor affiliate.
The Company said it believes that it has strong defenses to these claims as well…
As of June 30, 2010, Cooper Industries plc’s asbestos-related receivable for recoveries of costs from insurers amounted to US$165.8 million, of which US$56.2 million relate to costs previously paid or insurance settlements.
As of June 30, 2010, the Company, through Pneumo-Abex…
Spectrum Brands, Inc.’s subsidiary, Applica Consumer Products, Inc., 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 ago.
Although…