ASBESTOS LITIGATION: Skilled Healthcare Cites $5.4MM Liabilities

Skilled Healthcare Group, Inc.’s long-term asbestos abatement liability was US$5,419,000 as of March 31, 2009, compared with US$5,372,000 as of Dec. 31, 2008.

No other asbestos matters were disclosed in the Company’s quarterly report filed with the Securities and Exchange Commission…

ASBESTOS LITIGATION: Lawsuits v. Fresenius Medical Still Stayed

Lawsuits involving asbestos filed against Fresenius Medical Care Holdings, Inc. (FMCH) are stayed and transferred to or are pending before the U.S. District Court as part of the W. R. Grace & Co. Chapter 11 Proceedings.

FMCH is the holding company…

ASBESTOS LITIGATION: Mallinckrodt Faces 10,600 Cases at March 27

Covidien Ltd.’s subsidiary, Mallinckrodt Inc., as of March 27, 2009, faced about 10,600 pending asbestos liability cases, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 4, 2009.

Mallinckrodt faced about 10,500 pending asbestos liability…

ASBESTOS LITIGATION: McAnulty Pleads Guilty for False Statements

Stephen E. McAnulty, a former owner of an asbestos monitoring contractor that provided services to New York Presbyterian Hospital (NYPH), on April 8, 2009, pleaded guilty to making false statements to FBI agents and representatives of the U.S. Department of…

ASBESTOS LITIGATION: Alfacell to Explore Strategies for Onconase

Par Pharmaceuticals Companies, Inc. says that Alfacell Corporation intends to continue to explore strategic alternatives and additional capital for Onconase (ranpirnase), which is intended for the treatment of inoperable malignant mesothelioma, according to the Company’s 2008 annual report filed with…

ASBESTOS LITIGATION: Proceedings v. Fresenius Unit Still Stayed

Cases involving asbestos filed against Fresenius Medical Care Holdings, Inc. (FMCH) are stayed and transferred to or are pending before the U.S. District Court as part of the W. R. Grace & Co. Chapter 11 Proceedings.

FMCH is the holding company…

ASBESTOS LITIGATION: Philips’ THAN Unit Facing Exposure Lawsuits

Koninklijke Philips Electronics N.V. faces actions in the United States, relating primarily to the activities of its U.S. subsidiary TH Agriculture & Nutrition L.L.C. (THAN) prior to 1981, involving allegations of personal injury from alleged asbestos exposure.

The claims generally relate…

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