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Armstrong World Industries, Inc. is a Pennsylvania ... Armstrong created a billion-dollar trust to resolve thousands of asbestos-related lawsuits filed against the ...
In late 2016, attorneys general from 13 states sent demand letters to bankruptcy trusts for Armstrong World Industries, Babcock & Wilcox, DII, and Owens Corning. The purpose of the demand letters was to determine if the funds are reimbursing states for medical treatment received under Medicaid and Medicare.
Asbestos litigation is the longest, most expensive mass tort in U.S. history, involving more than 8,000 defendants and 700,000 claimants. [1] By the early 1990s, "more than half of the 25 largest asbestos manufacturers in the US, including Amatex, Carey-Canada, Celotex, Eagle-Picher, Forty-Eight Insulations, Manville Corporation, National Gypsum, Standard Insulation, Unarco, and UNR Industries ...
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Armstrong World Industries (NYS: AWI) reported earnings on April 29. Here are the numbers you need to know. The 10-second takeaway For the quarter ended March 31 (Q1), Armstrong World Industries ...
Margins matter. The more Armstrong World Industries (NYS: AWI) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
He received national press complimenting his "model" handling of the antitrust case brought by Rockfon against Armstrong World Industries in the District of Delaware. [19] He held the Pennsylvania Supreme Court's Gallagher v. Geico decision is retroactive, allowing relief to insureds denied stacking benefits in their insurance policy. [20]