ASBESTOS UPDATE: Hercules Offshore Named in Aaron Case in Miss.

Hercules Offshore, Inc. continues to face the asbestos case entitled Robert E. Aaron et al. vs. Phillips 66 Company et al. Circuit Court, Second Judicial District, Jones County, Miss.

This is the case name used to refer to several cases that…

ASBESTOS UPDATE: Halliburton Subject to Erica P. John Fund Case

Halliburton Company continues to be subject to class action litigation involving asbestos, of which the Erica P. John Fund is the lead plaintiff.

In June 2002, a class action lawsuit was filed against the Company in federal court alleging violations of…

ASBESTOS UPDATE: Fitts Action v. Texaco, Chevron Filed in Texas

On behalf of Homer Fitts, Eunice Fitts filed an asbestos lawsuit against Texaco and Chevron USA last June 23, 2011 in Jefferson County District Court, Tex., The Southeast Texas Record reports.

According to the lawsuit, Mr. Fitts was employed by Texaco…

ASBESTOS UPDATE: Securities Fraud Case v. Halliburton Reinstated

The U.S. Supreme Court, on June 6, 2011, reinstated a lawsuit by a group of mutual and pension fund investors who claimed Halliburton Co. understated its asbestos liabilities while overstating revenues in its engineering and construction business and the benefits…

ASBESTOS UPDATE: Ampco’s Long-Term March 31 Liability at $190MM

Ampco-Pittsburgh Corporation’s long-term asbestos-related liabilities amounted to US$190,268,619 as of March 31, 2011, compared with US$193,603,000 as of Dec. 31, 2010.

The Company’s current asbestos liabilities amounted to US$25 million as of both March 31, 2011 and Dec. 31, 2010.

The Company’s…

ASBESTOS UPDATE: Dismissal of Ampco From Howden Case in Progress

The dismissal of Ampco-Pittsburgh Corporation from an asbestos- related insurance litigation regarding Howden North America, Inc. is now in process.

Certain of the Company’s subsidiaries and the Company have an arrangement (Coverage Arrangement) with insurers responsible for historical primary and some…

ASBESTOS UPDATE: Open Claims v. Ampco Rise to 8,668 at March 31

Ampco-Pittsburgh Corporation faced about 8,668 open asbestos claims for the three months ended March 31, 2011, compared with 8,081 open claims for the year ended Dec. 31, 2010.

For the three months ended March 31, 2011, gross settlement and defense costs…

ASBESTOS UPDATE: Ampco Case v. 13 Insurance Firms in Pa. Ongoing

Ampco-Pittsburgh Corporation and its Air & Liquid Systems Corporation, since Feb. 24, 2011, is pursuing a lawsuit in the U.S. District Court for the Western District of Pennsylvania against 13 domestic insurance companies, certain underwriters at Lloyd’s, London and certain…

ASBESTOS UPDATE: Noble Corp. Facing 29 Injury Cases at March 31

Noble Corporation says that, at March 31, 2011, there were about 29 asbestos lawsuits in which it is one of many defendants, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 6, 2011.

The Company…

ASBESTOS UPDATE: Arabian American Faces Exposure Suit in Texas

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…

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