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ASBESTOS NEWS DAILY - Coast Guardsman
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Asbestos Legal: Coast Guardsman


 

We connect you with experienced Coast Guardsman Mesothelioma Asbestos lawyers. If have been diagnosed with Mesothelioma or an Asbestos related illness we can help you file a claim.

Coast Guardsman diagnosed with Mesothelioma and other Asbestos related diseases have legal options and may seek compensation through Mesothelioma litigation.

Filing a claim against the companies that are responsible for your asbestos exposure will help you gain compensation for medical costs and pain and suffering associated with asbestos-related illnesses. A Mesothelioma lawyer can help you pursue compensation for the following things:

  • Lost income
  • Medical bills
  • Group support for yourself and loved ones
  • End-of-life expenses

We help patients and their families make educated, informed decisions about how to proceed with filing Mesothelioma, Asbestosis and other asbestos-related cancer claims.

We will walk you through the entire process of connecting with an experienced Coast Guardsman Mesothelioma Lawyer and also help you find a qualified Mesothelioma doctor.

 
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U. S. Coast Guard – Asbestos Trades –Mesothelioma Lawsuit

Four new asbestos cases filed Jan. 19-23
1/30/2009 6:19 AM By KellyHolleran

A total of four new asbestos lawsuits were filed in Madison County Circuit Court during the week of Jan. 19 through Jan. 23.

The following claims were filed:

--Richard Dean and Vivian Byrd claim Richard Dean Byrd developedpleuralmesothelioma after serving in the United States Navy from 1962 until 1967 and after working as a burner and ship dock worker from 1967 until 1970 and as a painter from 1974 until 1989. TheByrds are represented by Donald M. Flack of the Flack Law Office inWoodRiver and by Waters and Kraus inDallas. Madison County Circuit Court case number: 09-L-0043.

--EdwardDiesko ofMissouri, who worked from 1941 until 1942 as a laborer at Amoco, from 1942 until 1946 as a machinist in theU.S. Coast Guard, from 1946 until 1959 as a pipefitter at Amoco and from 1961 until 1979 as a pipefitter and foreman at General Electrics, claims lung cancer. He is represented by Randy L.Gori and Barry Julian ofGori, Julian and Associates inAlton. Madison County Circuit Court case number: 09-L-0038.

--Phillip Moore of Tennessee claimsmesothelioma on behalf of his recently deceased father, Thurman Moore, who served in the Army from March 1945 until February 1946 and who worked from 1946 until 1989 as a maintenance worker and machine operator at Brown Shoe Company. Phillip Moore is represented by Randy L.Gori and Barry Julian ofGori, Julian and Associates inAlton. Madison County Circuit Court case number: 09-L-0039.

--LoreleiStumpf of Oregon claims her recently deceased husband, WilliamStumpf, developedmesothelioma while working from 1963 until 1970 as a laborer at Al's and Ed's Garage, from 1970 until 1972 as a laborer at Pierce Hardwood Floors and from 1975 until 1979 as a laborer at Jim Walters Doors. LoreleiStumpf is represented by Randy L.Gori and Barry Julian ofGori, Julian and Associates inAlton. Madison County Circuit Court case number: 09-L-0049.

http://www.madisonrecord.com/news/217148-four-new-asbestos-cases-filed-jan.-19-23

 
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Coast Guardsman – Asbestos Products - $53.5 Million Asbestos Verdict

Honeywell Says Asbestos Verdict Was More Than It Had Disclosed

By ALEX BERENSON
Published: April 18, 2002

Honeywell International appears to have misinformed analysts and shareholders about how much of a$53.5 million verdict it is responsible for paying in the case of a man who died of a cancer caused by asbestos.

When the judgment was announced on Feb. 8 in aManhattan court, Honeywell's stock dove as much as 11 percent during the day, shaving $3 billion off its market value. Honeywell's shares quickly rebounded after the company said it had been found liable for less than $1.1 million of the verdict, a figure that made its way into Wall Street analysts' reports. But the company's statement immediately raised questions among lawyers who had followed the case but were not involved in it. Those lawyers, who included both plaintiff and defense attorneys, said the company's true responsibility was much greater.

Honeywell now says that it must pay at least $11 million of the judgment, according to Peter M. Kreindler, its general counsel. Mr. Kreindler said Honeywell planned to appeal the verdict and had not misled investors about its size. The company does not face financially significant liability from asbestos cases, he said, and has $2 billion in asbestos insurance.

Although $11 million is minor for a company Honeywell's size, investors are nervous about Honeywell's asbestos liabilities. Last winter, investors punished the stocks of several major companies like Halliburton and 3M after a series of multimillion-dollar asbestos verdicts. The companies generally say that they do not expect the litigation to damage their financial health, but most have not discussed their liabilities in detail.

Honeywell faces about 50,000 asbestos injury claims, including nearly 1,000 claims from people suffering from the cancer in this case, mesothelioma. The North American Refractories Company, a former unit of AlliedSignal, which merged with Honeywell in 1999, made bricks that contained asbestos. That business faces an additional 116,000 asbestos claims and filed for bankruptcy in January.

In addition, Honeywell may be an especially ripe target for plaintiffs because a manager at Bendix, the Honeywell subsidiary that is the target of the suits because it makes brake linings that once contained asbestos, wrote in a 1966 letter that his response to concerns about asbestos was: ''If you have enjoyed a good life while working with asbestos products why not die from it.''

Based inMorristown,N.J., Honeywell makes everything from specialty chemicals toelectronic equipment for aircraft. The company has 115,000 employees and a market value of nearly $33 billion.

The judgment in February, the largest ever for a single plaintiff in an asbestos case, was awarded to Patricia Brown, the wife of Stephen Brown. Mr. Brown, a former brake mechanic andcoast guardsman, died of mesothelioma in December 2000.

The jury found Bendix 2.35 percent responsible for Mr. Brown's death. Under most circumstances, that finding would mean Honeywell is responsible for paying 2.35 percent, or $1.26 million, of the verdict underNew York state law.

In his comments on the case, Thomas B. Crane, a Honeywell spokesman, emphasized the 2.35 percent figure to reporters and analysts. Mr. Crane said Honeywell's portion of the verdict ''was 2.3 percent,'' according to the Dow Jones Newswires. Bloomberg News reported that Mr. Crane had ''estimated the amount at about $1.06 million.''

Wall Street analysts who follow Honeywell accepted the company's explanation and figures.

Harriet C. Baldwin, an analyst for Deutsche Bank, wrote in a report on Feb. 11 that Honeywell's share of the case was$1.1 million and would be covered by insurance. In an interview this week, Ms. Baldwin recalled that ''that verdict was just over $1 million.'' Similarly, Phua K. Young, an analyst for Merrill Lynch, wrote, referring to the company by its stock symbol, that ''according to HON, if they are successful the possible monetary outcome for the company could be something less (possibly materially less) than the current share of $1.2 million.''

 

http://www.nytimes.com/2002/04/18/business/honeywell-says-asbestos-verdict-was-more-than-it-had-disclosed.html?pagewanted=1

 
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