ASBESTOS UPDATE: Honeywell Still Facing Coverage Action in N.Y.

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…

ASBESTOS UPDATE: Honeywell Has $685MM Sept. 30 NARCO Receivable

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…

ASBESTOS UPDATE: Honeywell Has $38MM Sept. 30 Litigation Charges

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,…

ASBESTOS UPDATE: Honeywell Faces 22.8T Bendix Claims at Sept. 30

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…

ASBESTOS UPDATE: Honeywell Has $1.574-Bil. Long-Term Liabilities

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…

ASBESTOS UPDATE: Ill. Court Affirms Sublett’s Motion to Remand

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…

ASBESTOS UPDATE: Crane Co. Summary Judgment OK’d in Davis Action

The Superior Court of Delaware, New Castle County, granted Crane Co.’s motion for summary judgment in an asbestos-related lawsuit filed by Wesley K. Davis.

Judge Peggy L. Ableman entered judgment in Civil Action No. 09C-08-258 ASB on June 7, 2011.

Wesley K.…

ASBESTOS UPDATE: Partial Summary Judgment OK’d in Bowser Action

The Superior Court of Delaware, New Castle County, granted in part and denied in part, Parker-Hannifin Corporation’s motion for summary judgment in an asbestos case filed by Gerald Bowser.

Judge Peggy L. Ableman entered judgment in Civil Action No. N10C- 05-104…

ASBESTOS UPDATE: Court Accepts KOADI Application to Dismiss Hall

The U.S. District Court, Western District of New York, granted the application of the Kodak Occupational Accidental Death Insurance Plan (KOADI) and other defendants to dismiss an asbestos case involving Peggy A. Hall.

This is an action brought under ERISA, to…

ASBESTOS UPDATE: Claims v. GenCorp Inc. Rise to 143 at Aug. 31

GenCorp Inc. faced 143 pending asbestos cases as of Aug. 31, 2011, compared with 141 cases as of Nov. 30, 2011, according to the Company’s quarterly report filed on Sept. 30, 2011 with the U.S. Securities and Exchange Commission.

The Company…

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