Ashland Inc.’s Hercules subsidiary faced 22,000 open asbestos claims during the six months ended March 31, 2011, compared with 20,000 open claims during the six months ended March 31, 2010.
During the six months ended March 31, 2011, the Company recorded…
Legal and administrative proceedings are pending or may be brought against Sunoco, Inc. arising out of its current and past operations, including allegations of exposures of third parties to toxic substances (such as benzene or asbestos) and general environmental claims.
No…
Ashland Inc. faced 76,000 open asbestos claims during the six months ended March 31, 2011, compared with 89,000 claims during the six months ended March 31, 2010.
The claims alleging personal injury caused by exposure to asbestos asserted against the Company…
Anadarko Petroleum Corporation continues to be a defendant in various personal injury claims, including claims by employees of third-party contractors alleging exposure to asbestos, silica, and benzene while working at refineries previously owned by acquired companies.
No significant asbestos-related matters were…
Diamond Offshore Drilling, Inc. is one of several unrelated defendants in lawsuits filed in the Circuit Courts of the State of Mississippi alleging that defendants manufactured, distributed or utilized drilling mud containing asbestos and, in its case, allowed such drilling…
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…
Halliburton Company continues to be subject to litigation involving asbestos, of which the Archdiocese of Milwaukee Supporting Fund is the lead plaintiff.
In June 2002, a class action lawsuit was filed against the Company in federal court alleging violations of the…
Ashland Inc.’s long-term asbestos litigation reserve was US$813 million as of March 31, 2011, compared with US$841 million as of Dec. 31, 2010, according to a Company press release dated April 26, 2011.
The Company’s long-term asbestos insurance receivable was US$440…
Ampco-Pittsburgh Corporation’s long-term asbestos liability was US$193,603,000 during the year ended Dec. 31, 2010, compared with US$147,093,000 during the year ended Dec. 31, 2009.
The Company’s long-term asbestos liability was US$138,729,330 as of Sept. 30, 2010. (Class Action Reporter, Nov. 12,…
Ampco-Pittsburgh Corporation and a certain carrier concluded a settlement generally consistent with a Coverage Arrangement in a lawsuit filed by Howden North America, Inc. and all claims between that carrier and the Company were dismissed with prejudice on Dec. 8,…