ASBESTOS UPDATE: Union Pacific Has $155MM Liability at Sept. 30

Union Pacific Corporation’s asbestos-related liability amounted to US$155 million for the nine months ended Sept. 30, 2011, compared with US$166 million for the nine months ended Sept. 30, 2010, according to the Company’s quarterly report filed on Oct. 21, 2011…

ASBESTOS UPDATE: Ill. Court Denies Move to Remand in Ellis Case

The U.S. District Court, Central District of Illinois, denied Linda Ellis’ Motion to Remand an asbestos case filed against various defendants.

The Court also granted Defendants’ Motion to Stay.

The case is styled Linda Ellis, Individually and as special administrator of the…

ASBESTOS UPDATE: Court Declines to Hear Appeal in CSX Fraud Case

The U.S. Supreme Court, on Oct. 3, 2011, declined to hear an appeal of the law firm of Peirce Raimond & Coulter, which is alleged to have conspired to fabricate asbestos claims, Legal Newsline reports.

The U.S. Court of Appeals for…

ASBESTOS UPDATE: CSX Lawyer Seeks to Reverse Second-Hand Ruling

On Sept. 20, 2011, Andrew Tauber, Esq., an attorney for CSX Transportation, called on justices of the Illinois Supreme Court to reverse Fifth District appellate judges who approved second- hand asbestos claims, The Madison/St. Clair Record reports.

According to Mr. Tauber,…

ASBESTOS UPDATE: Bromley v. Conrail, American Premier Underway

Robert H. Bromley, on Aug. 15, 2011, filed an asbestos lawsuit against Consolidated Rail Corporation and American Premier Underwriters in St. Clair County Circuit Court, Ill., The Madison/St. Clair Record reports.

In his complaint, Mr. Bromley alleges he worked as a…

ASBESTOS UPDATE: Norfolk Southern Still Faces Occupational Suits

Norfolk Southern Corporation is still involved in occupational claims (including asbestosis and other respiratory diseases, as well as conditions allegedly related to repetitive motion).

These claims are often not caused by a specific accident or event but rather allegedly result from…

ASBESTOS UPDATE: Exposure Actions Still Pending v. Wabtec, Units

Claims have been filed against Westinghouse Air Brake Technologies Corporation (d/b/a Wabtec) and certain of its affiliates in various jurisdictions across the United States by persons alleging bodily injury as a result of exposure to asbestos-containing products.

Most of these claims…

ASBESTOS UPDATE: Burlington Accrues $561MM June 30 Obligations

Burlington Northern Santa Fe, LLC’s accrued obligations for asbestos and other personal injury matters were US$561 million during the three months ended June 30, 2011, compared with US$626 million during the three months ended June 30, 2010.

The Company’s accrued obligations…

ASBESTOS UPDATE: CSX’s Current Reserves Still at $9MM at July 1

CSX Corporation’s current asbestos reserves amounted to US$9 million as of both July 1, 2011 and Dec. 31, 2010, according to the Company’s quarterly report filed with the Securities and Exchange Commission on July 1, 2011.

The Company’s current asbestos reserves…

ASBESTOS UPDATE: Union Pacific June 30 Liability Totaled $157MM

Union Pacific Corporation’s asbestos liability totaled US$157 million for the six months ended June 30, 2011, compared with US$168 million for the six months ended June 30, 2010, according to the Company’s quarterly report filed on July 22, 2011 with…

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