CIRCOR International, Inc.’s Leslie Controls, Inc. subsidiary recorded current asbestos and bankruptcy-related liabilities of US$1,642,000 as of July 3, 2011, compared with US$79,831,000 as of Dec. 31, 2010, according to a Company press release dated Aug. 4, 2011.
Leslie recorded asbestos-…
RBS Global, Inc. says that, as of July 2, 2011, its Zurn unit and an average of about 80 other unrelated companies were defendants in about 7,100 asbestos related lawsuits representing about 27,500 claims.
Plaintiffs’ claims allege personal injuries caused by…
Multiple lawsuits with about 1,360 claimants are pending in state or federal court in numerous jurisdictions relating to alleged personal injuries due to the alleged presence of asbestos in certain brakes and clutches previously manufactured by RBS Global, Inc.’s Stearns…
Like other companies in recent years, Badger Meter, Inc. has been named as a defendant in numerous multi-claimant/multi-defendant lawsuits alleging personal injury as a result of exposure to asbestos.
The asbestos was manufactured by third parties and integrated into or sold…
RBS Global, Inc.’s Prager subsidiary is a defendant in two pending multi-defendant lawsuits relating to alleged personal injuries due to the alleged presence of asbestos in a product allegedly manufactured by Prager.
Additionally, there are about 3,700 individuals who have filed…
An asbestos lawsuit styled Charles H. Long and Ruth Long vs. AK Steel Corporation; AmChem Products, Inc.; and Bechtel Corporation et al., was filed on Aug. 2, 2011 in Kanawha County Court, W.Va., The West Virginia Record reports.
The Longs claim…
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…
RBS Global, Inc.’s Falk unit, through its successor entity, is a defendant in about 210 lawsuits pending in state or federal court in numerous jurisdictions relating to alleged personal injuries due to the alleged presence of asbestos in certain clutches…
RBS Global, Inc.’s long-term reserve for asbestos claims was US$65 million as July 2, 2011 and March 31, 2011, according to a Company press release dated Aug. 2, 2011.
The Company’s long-term insurance for asbestos claims was US$65 million as of…
Colfax Corporation has established reserves of US$418.9 million as of July 1, 2011, and US$429.7 million as of Dec. 31, 2010 for the probable and reasonably estimable asbestos-related liability cost it believes its subsidiaries will pay through the next 15…