ASBESTOS LITIGATION: Pfizer Facing Gibsonburg Lime Injury Suits

Pfizer Inc. faces lawsuits in federal and state courts seeking damages for alleged personal injury from exposure to products containing asbestos and other allegedly hazardous materials sold by Gibsonburg Lime Products Company.

Gibsonburg was acquired by the Company in the 1960s…

ASBESTOS LITIGATION: American Optical Has 104T Claims at Dec. 31

Pfizer Inc. says that, as of Dec. 31, 2008, about 104,000 claims naming American Optical Corporation and numerous other defendants were pending in various federal and state courts seeking damages for alleged personal injury from exposure to asbestos and other…

ASBESTOS LITIGATION: Court to Set Quigley Hearing After March 16

The U.S. Bankruptcy Court for the Southern District of New York has scheduled a confirmation hearing of Quigley Company, Inc.’s (a Pfizer Inc. subsidiary) Plan of Reorganization to be held sometime after March 16, 2009.

After that time, the Bankruptcy Court…

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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