USG Corporation states that it has no further payment obligations to a trust created and funded under Section 524(g) of the U.S. Bankruptcy Code for the payment of all of the present and future asbestos personal injury liabilities of the…
USG Corporation made total payments of about US$3 million in 2008 for asbestos property damage settlements, compared with US$40 million in 2007, according to the Company’s annual report filed with the Securities and Exchange Commission on Feb. 20, 2009.
Asbestos property…
The law firm of SimmonsCooper LLC, which specializes on asbestos litigation, on Jan. 26, 2009, announced the addition of seven new partners to the firm, according to a SimmonsCooper press release dated Jan. 26, 2009.
The new partners are Nicholas Angelides,…
Asbestos was discovered at the former Marks and Spencer store in the town center of Wrexham, Wales, the Evening Leader reports.
A Marks and Spencer spokesman stressed that the asbestos was sealed in and therefore presented no health risk.
The spokesman said,…