Joy Global Inc. and its subsidiaries are still involved in various unresolved legal matters that arise in the normal course of operations, the most prevalent of which relate to product liability — including over 1,000 asbestos and silica-related cases —…
One of CONSOL Energy, Inc.’s subsidiaries, Fairmont Supply Company, which distributes industrial supplies, currently is named as a defendant in about 7,500 asbestos-related claims in state courts in Pennsylvania, Ohio, West Virginia, Maryland, New Jersey, Texas and Illinois.
This number has…
Olin Corporation’s liabilities for asbestos-related actions were US$17 million as of June 30, 2011, US$18.1 million as of Dec. 31, 2010, and US$19.4 million as of June 30, 2010.
The Company and its subsidiaries are defendants in various legal actions (including…
Joy Global Inc. and its subsidiaries are still involved in various unresolved legal matters that arise in the normal course of operations, the most prevalent of which relate to product liability — including over 1,000 asbestos and silica-related cases —…
Cabot Corporation has asbestos-related exposure in connection with a safety respiratory products business that a subsidiary acquired from American Optical Corporation in an April 1990 asset purchase transaction.
The subsidiary manufactured respirators under the AO brand and disposed of that business…
Arabian American Development Company’s South Hampton Resources, Inc. affiliate is facing an asbestos lawsuit in the 11th Judicial District Court of Harris County, Tex.
On Sept. 14, 2010, South Hampton received notice of a lawsuit filed in the 58th Judicial District…
Olin Corporation’s liabilities for asbestos legal actions amounted to US$16.2 million at March 31, 2011 and US$18.1 million at Dec. 31, 2010.
These liabilities do not include costs associated with legal representation.
The Company and its subsidiaries are defendants in various legal…
CONSOL Energy Inc.’s subsidiary, Fairmont Supply Company (which distributes industrial supplies) is named as a defendant in about 22,500 asbestos-related claims in state courts in Pennsylvania, Ohio, West Virginia, Maryland, Mississippi, New Jersey, Texas and Illinois.
Because a very small percentage…
Cabot Corporation continues to be subject to respirator liabilities, which involve claims for personal injury, including asbestosis, silicosis and coal worker’s pneumoconiosis, allegedly resulting from the use of American Optical Corporation respirators that are alleged to have been negligently designed…
Cabot Corporation’s respirator liabilities involve claims for personal injury, including asbestosis, silicosis and coal worker’s pneumoconiosis, allegedly resulting from the use of American Optical Corporation respirators that are alleged to have been negligently designed or labeled.
The Company has exposure in…