ASBESTOS LITIGATION: Thomas Properties Accrues $1Mil for Cleanup

Thomas Properties Group, Inc., as of Dec. 31, 2008, accrued US$1 million for estimated future costs of asbestos removal or abatement at its City National Plaza property, according to the Company’s annual report filed with the Securities and Exchange Commission…

ASBESTOS LITIGATION: CSX, MeadWestvaco Summary Judgment Affirmed

The Supreme Court of Alabama upheld the ruling of the St. Clair Circuit Court, which granted summary judgment in favor of MeadWestvaco Corporation and CSX Transportation, Inc., in asbestos litigation filed by Sheila Henderson on behalf of her husband, Tony…

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