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Asbestos Victims

Thursday, April 23rd, 2009

Halliburton Co. to pay $30 actor to asbestos victims

February 4, 2005

About 120 families of humans apparent to baleful asbestos while alive in shipyards, architecture sites and automated plants in the Pacific Northwest or confined on Navy ships serviced in Seattle will be paid $30 actor by the Halliburton Co. as allotment of a contempo $4.3 billion civic adjustment to blanket up asbestos liabilities.

The civic adjustment includes Halliburton’s liabilities for humans who are ailing, accept died or will die in accessible years because of asbestos exposure. Halliburton agreed to pay $2.78 billion and put up 59.5 actor shares of its banal to anatomy a assurance for approaching victims of asbestos, or silica accompanying bloom problems beyond the country.

The Pacific Northwest’s shipbuilding industry Halliburton acquired Dresser Industries Inc. in 1998 and affiliated the asbestos and silica claims, a lot of of which were filed adjoin the Pittsburgh based accessory of Dresser, Harbison-Walker Refractories Co. Because humans were blind of the asbestos dangers, workers brought home baneful fibers on their accouterment and shoes, area the ancestors would aswell be exposed. According to one of the attorneys apery asbestos apparent victims, Dresser admiral knew their articles were adverse to workers as aboriginal as the 1930s, but the aggregation connected distributing them through the mid-1970s.

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This access was acquaint on Thursday, April 23rd, 2009 at 12:00 am

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