Like many industrial manufacturers, Columbus McKinnon Corporation is involved in asbestos-related litigation, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 27, 2011.
Based on actuarial information, the Company has estimated its asbestos-related aggregate liability…
There were about 4,400 asbestos lawsuits as of June 24, 2011 that were pending against Tyco International Ltd., its subsidiaries or entities for which the Company has assumed responsibility.
There were about 4,400 lawsuits as of March 25, 2011 pending against…
Ingersoll-Rand plc’s net asbestos-related liabilities amounted to US$649.9 million as of June 30, 2011, compared with US$674.3 million as of Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 28, 2011.
Total…
TriMas Corporation, as of June 30, 2011, was a party to about 1,102 pending cases involving an aggregate of about 8,229 claimants alleging personal injury from exposure to asbestos containing materials.
As of March 31, 2011, the Company was a party…
Standard Motor Products, Inc.’s accrued asbestos liabilities amounted to US$25,533,000 as of June 30, 2011, compared with US$24,792,000 as of Dec. 31, 2010, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July…
Over the years, Carlisle Companies Incorporated has been named as a defendant, along with numerous other defendants, in lawsuits in various state courts in which plaintiffs have alleged injury due to exposure to asbestos-containing brakes.
Carlisle manufactured those products in limited…
Crane Co. says that all appeals in the Larry Bell and James Nelson asbestos-related claims are still pending.
On March 23, 2010, a Philadelphia County state court jury found the Company responsible for a 1/11th share of a US$14.5 million verdict…
Crane Co. faced 56,403 asbestos claims for the three and six months ended June 30, 2011, compared with 65,352 claims for the three and six months ended June 30, 2010, according to a Company report, on Form 8-K, filed with…
Crane Co. says that a court will hear an appeal in Dennis Woodard’s asbestos-related claim in August 2011.
On Feb. 2, 2009, the Company received an adverse verdict in the Dennis Woodard claim in Los Angeles. The jury found that the…
The gross asbestos-related settlement and defense costs incurred (before insurance recoveries and tax effects) for Crane Co. totaled US$56.2 million for the six months ended June 30, 2011 and US$52 million for the six months ended June 30, 2010.
The gross…