/raid1/www/Hosts/bankrupt/CAR_Public/090828.mbx
            C L A S S   A C T I O N   R E P O R T E R
 
            Friday, August 28, 2009, Vol. 11, No. 170
  
                           Headlines
 
ALEXANDER & BALDWIN: Suits Over Shipping Ops Dismissed Aug. 18
AMERICAN FEDERATION: Mulls Class Action Suit v. Defense Dept.
BRINKER INT'L: Labor Suit Ruling Remains Under High Court Review
CAPITAL GROWTH: Class Opt-Out Notices Due by Sept. 26, 2009
CENTURYTEL INC: Scope of Awards in "Beattie" Remain Undetermined
 
CENTURYTEL INC: Retiree Benefit Program Claims v. Embarq Pending
CHESAPEAKE UTILITIES: Faces Suit by FPU Shareholders Over Merger
CINCINNATI FINANCIAL: Still Faces State Suits for Reimbursements
CITIZENS INC: Counsel Seeks to Recertify Class in "Daccach" Suit
CITIZENS INC: Unit Defending "Todd" Suit for Medical Expenses
 
COMPUTER SCIENCES: Settlement of Software Suits Approved Aug. 3
COMPUTER SCIENCES: Plaintiffs Appeal Judgment in ERISA Lawsuit
COMPUTER SCIENCES: Lawsuit Over Stock Option Backdating Pending
HERTZ EQUIPMENT: Rental Unit Continues to Defend LDW Lawsuit
INTERNATIONAL RECTIFIER: Books $45 Mil. Charge to Settle Suit
 
INTERNATIONAL SHIPHOLDING: Stockholders' Suit Dismissed on May 5
JDS UNIPHASE: Finalizing Settlement in Consolidated ERISA Suit
LOUISIANA CITIZENS: $95 Mil. Appeal Bond Requirement Modified
OCLARO INC: Avanex Stockholders' Claims Dismissed on August 17
PARTNER COMMUNICATIONS: Confirms Receipt of Class Action Lawsuit
 
POMEROY IT: To Defend Claims in Stockholders' Suit Over Merger
 
                         Asbestos Alerts
 
ASBESTOS LITIGATION: District Court Reverses Congoleum Dismissal
ASBESTOS LITIGATION: Premix-Marbletite Faces Seven Injury Claims
ASBESTOS LITIGATION: Todd Shipyards Facing 557 Claims at June 28
ASBESTOS LITIGATION: Scotts Miracle Facing Pending Injury Suits
ASBESTOS LITIGATION: Exposure Lawsuits Still Ongoing v. NL Ind.
 
ASBESTOS LITIGATION: TriMas Party to 805 Lawsuits (7,528 Claims)
ASBESTOS LITIGATION: Allstate Records $1.19B Reserves at June 30
ASBESTOS LITIGATION: Sunoco Inc. Still Subject to Exposure Suits
ASBESTOS LITIGATION: AIHL Reserves $19.5M for Claims at June 30
ASBESTOS LITIGATION: Huntsman Still Named a "Premises Defendant"
 
ASBESTOS LITIGATION: Douglas Emmett Has Hazard in 23 Properties
ASBESTOS LITIGATION: Dana Holding Faces 31,000 Claims at June 30
ASBESTOS LITIGATION: Dana Has $47M for CCR Cases Through June 30
ASBESTOS LITIGATION: Pepco Still Has 180 Cases in Md. at June 30
ASBESTOS LITIGATION: Court OKs Aurora Pump Summary Judgment Bid
 
ASBESTOS LITIGATION: California Water Still Faces Exposure Suits
ASBESTOS LITIGATION: Cooper Cites 23,028 Abex Claims at June 30
ASBESTOS LITIGATION: Cooper Records $805Mil Liability at June 30
ASBESTOS LITIGATION: Cooper Records $180M Receivable at June 30
ASBESTOS LITIGATION: Standard Motor Faces 3,670 Cases at June 30
 
ASBESTOS LITIGATION: IDEX, 7 Units Facing Lawsuits in 33 States
ASBESTOS LITIGATION: Tenneco Still Subject to Exposure Lawsuits
ASBESTOS LITIGATION: 26,219 Claims Pending v. Harsco at June 30
ASBESTOS LITIGATION: Odyssey Has $342.5M Losses, LAE at June 30
ASBESTOS LITIGATION: Digital Realty Cites $1.5Mil ARO at June 30
 
ASBESTOS LITIGATION: Ingersoll Units Still Face Injury Lawsuits
ASBESTOS LITIGATION: Ingersoll-Rand Records $1.159Bil Liability
ASBESTOS LITIGATION: Interstate Records $1.2M Settled Liability
 
                           *********
 
ALEXANDER & BALDWIN: Suits Over Shipping Ops Dismissed Aug. 18
--------------------------------------------------------------
A consolidated class-action complaint against Alexander & 
Baldwin, Inc., and its main subsidiary, Matson Navigation Co., 
Inc., over their domestic shipping carrier operations was 
dismissed on Aug. 18, 2009.
 
The company and Matson were named as defendants in civil
lawsuits purporting to be class-action lawsuits alleging
violations of the antitrust laws and seeking treble damages and
injunctive relief.  
 
As of Jan. 8, 2009, the company was aware of 26 such lawsuits.  
All of the lawsuits have been or will be transferred and
consolidated into a civil lawsuit in the U.S. District Court for
the Western District of Washington in Seattle purporting to be a
class-action case.
 
Another domestic shipping carrier operating in the Hawaii and
Guam trades, Horizon Lines, Inc., has also been named as a
defendant in the consolidated civil lawsuit.
 
The plaintiffs filed a consolidated class action complaint on
Feb. 2, 2009.
 
The company and Matson filed their motion to dismiss the
complaint on March 20, 2009.
 
On Aug. 18, 2009, the court granted the defendants' motion to 
dismiss the complaint.  The court granted plaintiffs leave to 
amend the complaint within thirty days to allege claims 
consistent with the court's Order.  If the plaintiffs file an 
amended complaint, the company and Matson will continue to 
vigorously defend themselves in this lawsuit, according to the 
company's Form 8-K filing with the U.S. Securities and Exchange 
Commission dated Aug. 21, 2009.
 
Alexander & Baldwin, Inc. -- http://www.alexanderbaldwin.com/--  
is a diversified corporation with most of its operations
centered in Hawaii.  The business industries of the company
constitute transportation, real estate and agribusiness.  The
Company's ocean transportation operations, related shore side
operations in Hawaii, related intermodal, truck brokerage and
logistics services are conducted by its wholly owned subsidiary,
Matson Navigation Company, Inc. and two Matson subsidiaries.
Its property development and agribusiness operations are
conducted by A&B and certain other subsidiaries of A&B.
 
 
AMERICAN FEDERATION: Mulls Class Action Suit v. Defense Dept.
-------------------------------------------------------------
The American Federation of Government Employees, the nation's 
largest federal employees union, today said it is angered, 
frustrated, and perplexed that the Defense Business Board (DBB) 
determined that the National Security Personnel System (NSPS) 
created under the Bush administration warrants further 
consideration.
 
In a letter to the review board, AFGE National President John 
Gage wrote, "We believe that the DBB got the diagnosis right: 
they found NSPS to be a sick system with nothing positive and a 
great many things negative about it.  It is unconscionable that 
after acknowledging its fatal flaws the Task Group would 
recommend anything other than completely terminating the system."
 
The Task Group found that the system was fundamentally flawed, 
mirroring many of the assertions made by AFGE about the systems 
lack of transparency and inherent discrimination.  However, 
rather than calling for its full termination, the Task Group 
recommended that it be reconstructed from scratch.
 
While most of the 200,000 civilian defense employees the union 
represents are immune from the system, thanks to congressional 
action last year, NSPS continues to undercut the ability of the 
DoD employees forced to work under it.  "A steady stream of DoD 
managers and supervisors have told us that NSPS is unfair, 
dishonest and ineffective," Mr. Gage said.  "Furthermore, we know 
that those under the system suffer from low morale and lower 
productivity.
 
"Congress already put several nails into the coffin of NSPS. We 
had hoped the Obama administration would make quick work of 
restoring the civil service system and put an end to this costly 
albatross," Mr. Gage added.  "We wonder why DoD isn't holding 
those responsible for NSPS accountable and terminating them for 
this colossal failure.
 
"NSPS was the brainchild of the right-wing neocons at the 
Heritage Foundation.  It was advanced into law as a result of 
some very misleading proposals submitted by former Defense 
Secretary Donald Rumsfeld, which were designed to end employee 
civil service rights and the right to collective bargaining," Mr. 
Gage said.  "In 2008 Congress sent a clear message expressing 
that NSPS was a wrongheaded system when it effectively restored 
workplace rights and required DoD to keep bargaining unit members 
out of NSPS.
 
"This system has cost millions of dollars.  It does not make 
sense to reinvent the wheel.  The people and the resources needed 
to support our armed services are too valuable," said Mr. Gage.
 
A study by AFGE of payout data provided by DoD has led the union 
to believe that there is significant discrimination throughout 
NSPS.  A May 2009 DoD internal evaluation found that, as a group, 
employees making less than $60,000 had a net loss under NSPS, 
while those making more, especially those making more than 
$80,000, received the highest payouts. In essence, the employees 
making the least were funding the raises of those making the 
most. As a result of the inherent discriminatory nature of NSPS, 
AFGE is considering moving forward with a possible class-action 
lawsuit against DoD. 
 
For more information on AFGE's fight against the National 
Security Personnel System visit http://www.defenseworkers.org/
 
A full-text copy of the letter sent by AFGE to the Defense 
Business Review Board is available at http://is.gd/2zT5G
 
The American Federation of Government Employees is the largest 
federal employee union, representing 600,000 workers in the 
federal government and the government of the District of 
Columbia.
 
 
BRINKER INT'L: Labor Suit Ruling Remains Under High Court Review
----------------------------------------------------------------
Brinker International, Inc., is awaiting a decision from 
California's highest court in a decertified class-action suit 
related to meal and rest breaks.  
 
Certain current and former hourly restaurant employees filed a
lawsuit against Brinker in California Superior Court alleging
violations of California labor laws with respect to meal and
rest breaks.  The lawsuit seeks penalties and attorney's fees and 
was certified as a class action in July 2006.
 
On July 22, 2008, the California Court of Appeal decertified the
class action on all claims with prejudice.
 
On Oct. 22, 2008, the California Supreme Court granted a writ to
review the decision of the Court of Appeal (Class Action 
Reporter, Nov. 27, 2008).
 
No further updates on the case were reported in the company's 
Aug. 24, 2009, Form 10-K filing with the U.S. Securities and 
Exchange Commission for the fiscal year ended June 24, 2009.
 
Brinker International, Inc. -- http://www.brinker.com/-- is 
principally engaged in the ownership, operation, development,
and franchising of the Chili's Grill & Bar, Maggiano's Little 
Italy, and On The Border Mexican Cantina restaurant concepts.
 
 
CAPITAL GROWTH: Class Opt-Out Notices Due by Sept. 26, 2009
-----------------------------------------------------------
As reported in the Class Action Reporter on July 24, 2009, the 
parties obtained preliminary court approval of a proposed 
settlement in Brehm, et al. v. Capital Growth Financial, LLC, et 
al., Case No. 07-cv-254 (D. Neb.), and the Court certified a 
Class on July 6, 2009, that includes all purchasers of American 
Capital Corporation and Royal Palm Capital Group, Inc., 
securities between August 1, 2002, and May 5, 2006.  The Class 
excludes the Defendants named in the suit.
 
These filings do not mean that any money necessarily will be 
obtained for members of the Class, it means only that the final 
outcome of the lawsuit will bind every Class member who does not 
request exclusion.  There is also a pending partial settlement 
with three of the named Defendants.  
 
The representative Plaintiffs allege that Defendants committed 
securities fraud by making materially false and misleading 
statements and by fraudulently concealing or otherwise failing to 
disclose or correct material facts in connection with the sale of 
American Capital Corporation and Royal Palm Capital Group, Inc. 
securities. Defendants deny any liability for the claims asserted 
by the representative Plaintiffs. 
 
The Court has tentatively set July 2010 as the trial date for 
this action.
 
If you are a member of the Class identified above, you can obtain 
a copy of the full Notice by sending your name and address to:
 
         Gregory C. Scaglione, Esq. 
         David A. Yudelson, Esq. 
         KOLEY JESSEN P.C., L.L.O.
         1125 South 103 Street, Suite 800
         Omaha, NE 68124
 
You can also request a copy of the Notice by calling the law firm 
at (402) 390-9500. 
 
If you fit within the definition of the Class and wish to remain 
a member of the Class bringing the lawsuit, you do not have to do 
anything at this time.  By electing to remain a member of the 
Class, you will be bound by any judgment, favorable or not, or 
share in any settlement which may be reached.  By sending your 
name, address and telephone number to the address listed above, 
you will be placed in a database to receive direct mail notice of 
any judgment or settlement favorable to the Class.  
 
If you wish to communicate with co-counsel as your representative 
in this lawsuit, you may do so by writing to any of these lawyers 
representing the Class:
 
          Gregory C. Scaglione, Esq.  
          David A. Yudelson, Esq. 
          KOLEY JESSEN P.C., L.L.O.
          1125 South 103 Street, Suite 800
          Omaha, NE 68124
 
             - or - 
 
          James B. Cavanagh, Esq. 
          LIEBEN, WHITTED, HOUGHTON, 
            SLOWIACZEK & CAVANAGH, P.C., L.L.O.
          100 Scoular Building
          2027 Dodge Street
          Omaha, NE 68102
 
             - or - 
  
          J. L. Spray, Esq. 
          MATTSON, RICKETTS, DAVIES, STEWART & CALKINS
          134 South 13 Street, Suite 1200 
          Lincoln, NE 68508-1901
 
If you wish to be excluded from the Class bringing the lawsuit, 
you must request to be excluded and prepare a written statement 
that includes your name, address and telephone number (for an 
entity, include the name and title of the person submitting the 
request), and whether you purchased the Securities. The written 
statement must be sent by first-class mail, to the above address 
and postmarked no later than September 26, 2009.  By electing to 
be excluded from the Class, you will not be bound by any further 
orders of the Court and you will not share in any settlement.
 
 
CENTURYTEL INC: Scope of Awards in "Beattie" Remain Undetermined
----------------------------------------------------------------
The scope and amounts of damages awarded in the consumer class-
action lawsuit entitled Beattie, et al. v. CenturyTel Inc., Case 
No. 02-cv-10277 (E.D. Mich.) (Lawson, J.), remain subject to 
additional fact-finding and resolution, according to the 
company's Aug. 7, 2009, Form 10-Q filing with the U.S. Securities 
and Exchange Commission for the quarter ended June 30, 2009.
 
The suit was filed by Barbrasue Beattie and James Sovis on Oct.
28, 2002, alleging that the company unjustly and unreasonably
billed customers for inside wire maintenance services.  The 
plaintiff seeks unspecified money damages and injunctive
relief under various legal theories on behalf of a purported
class of over two million customers in the company's telephone
markets.
 
On March 10, 2006, the court certified the suit as a class-
action suit and issued a ruling that the billing descriptions
the company used for these services during an approximately 18-
month period between Oct. 29, 2000, and May 2002 were legally
insufficient.  The company's appeal of this class certification
decision was denied.
 
Centurytel's preliminary analysis indicates that it billed less
than $10 million for inside wire maintenance services under the
billing descriptions and time periods specified in the District
Court ruling.  The Court's order does not specify the award of
damages, the scope and amounts of which, if any, remain subject
to additional fact-finding and resolution of what the company
believes are valid defenses to plaintiff's claims.
 
Representing the plaintiffs are:
 
          Gregory J. Boulahanis, Esq.
          Boulahanis & Assoc.
          21905 Garrison Avenue
          Dearborn, MI 48124
          Phone: 313-277-2550
          Fax: 313-277-2550
 
              - and -
 
          Elwood S. Simon, Esq. 
          Elwood S. Simon Assoc.
          355 S. Woodward Avenue, Suite 250
          Birmingham, MI 48009
          Phone: 248-646-9730
          Fax: 248-258-2335
          E-mail: esimon@esimon-law.com
 
Representing the defendants are:
 
          Jennifer L. Frye, Esq. 
          Dickinson Wright
          301 N . Liberty, Suite 500
          Ann Arbor, MI 48104
          Phone: 734-623-7075
          Fax: 734-623-1625
          E-mail: jfrye@dickinsonwright.com
 
               - and -
 
          David J. Houston, Esq.
          Dickinson Wright
          215 S. Washington Square, Suite 200
          Lansing, MI 48933-1888
          Phone: 517-371-1730
          E-mail: dhouston@dickinsonwright.com
 
 
CENTURYTEL INC: Retiree Benefit Program Claims v. Embarq Pending
----------------------------------------------------------------
Class action retiree benefit program claims are pending against 
Embarq or its subsidiaries, according to Centurytel, Inc.'s 
Aug. 7, 2009, Form 10-Q filing with the U.S. Securities and 
Exchange Commission for the quarter ended June 30, 2009.
 
On Jan. 27, 2009, EMBARQ stockholders approved the proposed 
merger, and CenturyTel shareholders approved the issuance of 
CenturyTel common stock to EMBARQ shareholders in connection with 
the proposed merger.
 
No further details regarding the class action lawsuit are 
disclosed in the company's latest Quarterly Report filed with the 
SEC. 
 
Monroe, La.-based CenturyTel, Inc., now known as CenturyLink -- 
http://www.centurylink.com/-- is a leading provider of high- 
quality voice, broadband and video services over its advanced 
communications networks to consumers and businesses in 33 states.  
CenturyLink is an S&P 500 Company and expects to be listed in the 
Fortune 500 list of America's largest corporations.  
 
 
CHESAPEAKE UTILITIES: Faces Suit by FPU Shareholders Over Merger
----------------------------------------------------------------
Chesapeake Utilities Corporation and its wholly owned subsidiary, 
CPK Pelican, Inc., are defendants in a putative class action 
lawsuit purportedly on behalf of Florida Public Utilities 
shareholders to challenge the merger with FPU. 
 
CPK is a Florida corporation formed for the purpose of engaging 
in the merger with FPU.
 
The suit was filed in the Circuit Court of the Fifteenth Judicial 
Circuit in and for Palm Beach County, Florida, on 
May 8, 2009.  Other named defendants in the suit are FPU, FPU's 
Chief Executive Officer, and each member of FPU's Board of 
Directors.  The complaint alleges that in pursuing the merger 
FPU's Chief Executive Officer and members of FPU's Board of 
Directors have breached their fiduciary duties of loyalty, due 
care, independence, candor, good faith and fair dealing by 
failing to maximize value to FPU's shareholders in the merger and 
by attempting to provide certain FPU insiders and directors with 
preferential treatment in connection with their efforts to 
complete the sale of FPU to Chesapeake through CPK.  The 
complaint further alleges that FPU, Chesapeake and CPK have aided 
and abetted such breaches.  The complaint seeks equitable 
remedies only, primarily being an injunction against the 
defendants consummating the merger, according to the company's 
Aug. 7, 2009, Form 10-Q filing with the U.S. Securities and 
Exchange Commission for the quarter ended June 30, 2009.
 
Chesapeake Utilities Corporation, through its subsidiaries,
distributes, transmits, and markets natural gas.  The Company was 
founded in 1859 and is headquartered in Dover, Del.
 
 
CINCINNATI FINANCIAL: Still Faces State Suits for Reimbursements
----------------------------------------------------------------
Cincinnati Financial Corp. and its subsidiaries continue to face 
legal actions, including putative state class-action lawsuits 
seeking certification of a state or national class that allege, 
among others, improper reimbursement of medical providers paid 
under workers' compensation insurance policies and erroneous 
coding of municipal tax locations
 
The company did not provide specific details regarding the 
pending class action lawsuits in its Aug. 7, 2009, Form 10-Q 
filed with the U.S. Securities and Exchange Commission for the 
quarter ended June 30, 2009.
 
Cincinnati Financial Corp. -- http://www.cinfin.com/-- is 
engaged in the business of marketing property casualty
insurance.  During the year ended Dec. 31, 2008, Cincinnati
Financial Corporation owned 100% of four subsidiaries: The
Cincinnati Insurance Company, CSU Producer Resources Inc., CFC
Investment Company and CinFin Capital Management Company.  The
Company operates in four segments: commercial lines property
casualty insurance, personal lines property casualty insurance,
life insurance and investments.  In addition to The Cincinnati
Insurance Company, the Company's standard market property
casualty insurance group includes two subsidiaries: The
Cincinnati Casualty Company and The Cincinnati Indemnity
Company.
 
 
CITIZENS INC: Counsel Seeks to Recertify Class in "Daccach" Suit
----------------------------------------------------------------
The plaintiff's counsel in a decertified class-action lawsuit
filed by Fernando Hakim Daccach against Citizens Insurance Co.
of America, Citizens Inc., Harold E. Riley and Mark A. Oliver are 
pressing for recertification of the class.
 
The lawsuit was filed on Aug. 6, 1999, in the Texas District 
Court in Austin.  A class was certified by the trial court, and 
later affirmed by the Court of Appeals for the Third District of 
Texas.
 
The suit alleges that certain life insurance policies that the
company made available by its primary life insurance subsidiary
to non-U.S. Residents, when combined with a policy feature that
allows policy dividends to be assigned to two non-U.S. Trusts
for the purpose of accumulating ownership of the company's Class
A common stock, along with allowing the policyholders to make
additional contributions to the trusts, were actually offers and
sales of securities that occurred in Texas by unregistered
dealers in violation of the registration provisions of the Texas
securities laws.  The remedy sought was rescission and return of
the insurance premium payments.
 
The company appealed the grant of class status to the Texas
Supreme Court, and oral arguments occurred on Oct. 21, 2004.
 
On March 2, 2007, the Texas Supreme Court reversed the Court of
Appeals' affirmation of the trial court's class certification
order, decertified the class, and remanded the case to the trial
court for further proceedings consistent with the Texas Supreme
Court's opinion.
 
As a result of the ruling, no class-action lawsuit is presently
certified, and the plaintiff's counsel is seeking to recertify
the class.  In order to recertify the class, the lead plaintiff
must establish that he is qualified to represent the purported
class and that the res judicata effect of a class action will
not have a deleterious effect on the putative class members.
 
The case is before the Texas District Court judge for an analysis 
of evidence presented to determine if it warrants recertification 
of a class, according to the company's Aug. 7, 2009, Form 10-Q 
filing with the U.S. Securities and Exchange Commission for the 
quarter ended June 30, 2009.
 
Citizens, Inc. -- http://www.citizensinc.com/-- is an insurance 
holding company serving the life insurance needs of individuals
in the U.S. and in more than 35 countries.  The company's core
operations include issuing and servicing, which intern include
ordinary whole life insurance policies predominantly to high net
worth, high income foreign residents, principally in Latin
America and the Pacific Rim, through approximately 2,600
independent marketing consultants; ordinary whole life insurance
policies to middle income households in the Midwest and the
southern U.S. through approximately 600 independent marketing
consultants; and final expense and limited liability property
policies to middle to lower income households in Louisiana
through approximately 300 employee agents in its home service
distribution channel.  The Company's business consists of three 
primary operating business segments: Life Insurance, Home Service 
Insurance, and Other Non-insurance Enterprises.
 
 
CITIZENS INC: Unit Defending "Todd" Suit for Medical Expenses
-------------------------------------------------------------
Citizens, Inc.'s wholly owned subsidiary, Security Plan Life 
Insurance Company, continues to defend a purported class action 
suit filed on behalf of Lilac Todd.
 
On Nov. 8, 2005, SPLIC was named as a defendant in a suit styled 
Lilac Todd vs. Security Plan Life Insurance Company, which 
alleges that SPLIC failed to pay Ms. Todd's claim for medical 
expenses arising out of the loss of one of her limbs. 
 
On Dec. 20, 2007, a Supplemental and Amended Petition for Damages 
was filed pursuant to which the plaintiff has asserted class 
action allegations. 
 
The purported class is defined as all Louisiana insureds of SPLIC 
whose policies contained an incontestability provision identical 
or similar to Ms. Todd's policy, and whose claims were denied 
within 10 years of the petition filing on the basis of illnesses, 
injuries or diseases diagnosed or which occurred at any time 
preceding the incontestability. 
 
This matter is in the early stages of litigation relative to the 
class allegations. 
 
The Plaintiffs' counsel has not established how many, if any, 
individuals are within the purported class, according to the 
company's Aug. 7, 2009, Form 10-Q filing with the U.S. Securities 
and Exchange Commission for the quarter ended June 30, 2009.
 
Citizens, Inc. -- http://www.citizensinc.com/-- is an insurance 
holding company serving the life insurance needs of individuals
in the U.S. and in more than 35 countries.  The company's core
operations include issuing and servicing, which intern include
ordinary whole life insurance policies predominantly to high net
worth, high income foreign residents, principally in Latin
America and the Pacific Rim, through approximately 2,600
independent marketing consultants; ordinary whole life insurance
policies to middle income households in the Midwest and the
southern U.S. through approximately 600 independent marketing
consultants; and final expense and limited liability property
policies to middle to lower income households in Louisiana
through approximately 300 employee agents in its home service
distribution channel.  The Company's business consists of three 
primary operating business segments: Life Insurance, Home Service 
Insurance, and Other Non-insurance Enterprises.
 
 
COMPUTER SCIENCES: Settlement of Software Suits Approved Aug. 3
---------------------------------------------------------------
An agreement settling two purported class-action lawsuits in the 
Miller County Circuit Court, Arkansas, naming Computer Sciences 
Corp. as a defendant, was approved on August 3, 2009.
 
The lawsuits claimed that Computer Sciences Corp, and others, 
conspired to wrongfully use the Colossus software products 
licensed by Computer Sciences Corp. and the other software 
vendors to reduce the amount paid to the licensees' insureds for 
bodily injury claims.
 
On Feb. 7, 2005, the company was named, along with other vendors
to the insurance industry and dozens of insurance companies, as a 
defendant in Hensley, et al. vs. Computer Sciences Corporation, 
et al., which was filed as a putative nationwide class-action 
suit in the Circuit Court of Miller County, Arkansas, shortly 
before the Class Action Fairness Act was signed into law.
 
The plaintiffs allege the defendants conspired to wrongfully use
software products licensed by the company and the other software
vendors to reduce the amount paid to the licensees' insured for
bodily injury claims.  They also allege wrongful concealment of
the manner in which these software programs evaluate claims and
wrongful concealment of information about alleged inherent
errors and flaws in the software.  The suit sought injunctive and 
monetary relief of less than $75,000 for each class member, as 
well as attorney's fees and costs.
 
On June 11, 2008, the court granted the plaintiffs' motion to
sever certain defendants, including the company, from the
Hensley litigation.  As a result, the company continued as a 
defendant in the Hensley litigation and was also a defendant in a 
separate putative class-action lawsuit pending in the Circuit 
Court of Miller County, Arkansas, styled Basham, et al. vs. 
Computer Sciences Corporation, et al., along with certain 
insurance companies previously named as defendants in the Hensley 
litigation.
 
During the second, third and fourth quarters of fiscal 2009, the
company, along with certain other defendants in the Hensley and
Basham litigation, engaged in settlement discussions with legal
counsel representing the putative class members through
mediation proceedings facilitated by an independent mediator.
 
In February 2009, the company and the class representatives in 
the Hensley and Basham litigation agreed to a settlement of the 
pending litigation and the parties are in the process of filing 
the settlement agreement with the court for approval.  As part of 
the settlement, the company has agreed to certain injunctive 
relief, primarily involving the publication of information 
regarding the use of the company's software by its licensees in 
adjusting bodily injury claims, and to the payment of legal fees 
to legal counsel representing the classes in the litigation 
(Class Action Reporter, March 2, 2009).
 
In February 2009, the company and the class representatives in 
the Hensley and Basham litigation agreed to a settlement of the 
pending litigation and the parties obtained preliminary approval 
of the settlement from the court.  As part of the settlement, the 
company has agreed to certain injunctive relief, primarily 
involving the publication of information regarding the use of the 
Company's software by its licensees in adjusting bodily injury 
claims, and to the payment of legal fees to legal counsel 
representing the classes in the litigation.  The company's net 
payment obligation in the settlement is not material to the 
company's financial condition nor will the settlement have a 
material adverse effect on the company's operations (Class Action 
Reporter, June 15, 2009) 
 
On Aug. 3, 2009, the court gave its final approval of the 
settlement, according to the company's Aug. 7, 2009, Form 10-Q 
filing with the U.S. Securities and Exchange Commission for the 
quarter ended July 3, 2009.
 
Computer Sciences Corp. -- http://www.csc.com/-- is a player in  
the information technology and professional services industry.  
CSC offers an array of services to clients in the Global 
Commercial and government markets.  Its service offerings include 
IT and business process outsourcing, and IT and professional 
services.  CSC also provides business process
outsourcing, managing key functions for clients, such as
procurement and supply chain, call centers and customer
relationship management, credit services, claims processing and 
logistics.  IT and professional services include systems
integration, consulting and other professional services.
Systems integration encompasses designing, developing,
implementing and integrating complete information systems.
Consulting and professional services includes advising clients
on the acquisition and utilization of IT and on business
strategy, security, modeling, simulation, engineering,
operations, change management and business process
reengineering.
 
 
COMPUTER SCIENCES: Plaintiffs Appeal Judgment in ERISA Lawsuit
--------------------------------------------------------------
The plaintiffs in the consolidated class action lawsuit captioned 
In Re Computer Sciences Corp. ERISA Litigation, Case No. CV 08-
2398 (C.D. Calif.) (Otero, J.), are appealing the summary 
judgment ruling entered in July 2009.  
 
On Aug. 15, 2006, a federal ERISA class action complaint in Quan, 
et al.  v. CSC, et al., CV 06-3927 (E.D.N.Y.), made allegations 
of backdating stock options against the Company.  On Sept. 21, 
2006, a related ERISA class action complaint was filed in Gray, 
et al. v. CSC, et al., CV 06-5100 (E.D.N.Y.).  The complaints 
named as defendants the company, the company's Retirement and 
Employee Benefits Plans Committee and various directors and 
officers, and alleged various violations of the ERISA statute.  
The two ERISA actions were consolidated and, on Feb. 28, 2007, 
plaintiffs filed an amended ERISA class action complaint.  On 
Jan. 8, 2008, the consolidated proceeding was transferred to 
California.  
 
Defendants filed a motion to dismiss and plaintiffs filed their 
memorandum in opposition to the motion.  Plaintiffs also filed a 
motion for class certification, and defendants filed their 
memorandum in opposition to the motion on Aug. 11, 2008.  On 
Sept. 2, 2008, Judge Otero issued orders denying defendants' 
motion to dismiss, and also denying plaintiffs' motion for class 
certification.   Defendants answered the complaint and the 
parties conducted discovery.  
 
On Nov. 13, 2008, plaintiffs filed a new motion for class 
certification and the defendants filed a memorandum in opposition 
on Dec. 8, 2008.  On Dec. 29, 2008, Judge Otero granted 
plaintiffs' motion for class certification.  
 
On Jan. 13, 2009, defendants filed a petition with the U.S. Court 
of Appeals for the Ninth Circuit pursuant to Rule 23(f) of the 
Federal Rules of Civil Procedure, requesting that the Court of 
Appeals accept their appeal from the order granting class 
certification.  Plaintiffs filed their opposition on Jan. 23, 
2009.  The Court of Appeals denied defendants' request for 
permission to appeal on March 12, 2009.  
 
Discovery closed on April 28, 2009.  
 
Defendants and plaintiffs each filed motions for summary judgment 
on May 4, 2009.  Reply briefs were filed on May 22, 2009.  On 
July 13, 2009, Judge Otero issued an order granting summary 
judgment in favor of defendants.  On July 28, 2009, plaintiffs 
filed a notice of appeal to the Ninth Circuit Court of Appeals, 
according to the company's Aug. 7, 2009, Form 10-Q filing with 
the U.S. Securities and Exchange Commission for the quarter ended 
July 3, 2009.
 
Computer Sciences Corp. -- http://www.csc.com/-- is a player in  
the information technology and professional services industry.  
CSC offers an array of services to clients in the Global 
Commercial and government markets.  Its service offerings include 
IT and business process outsourcing, and IT and professional 
services.  CSC also provides business process
outsourcing, managing key functions for clients, such as
procurement and supply chain, call centers and customer
relationship management, credit services, claims processing and 
logistics.  IT and professional services include systems
integration, consulting and other professional services.
Systems integration encompasses designing, developing,
implementing and integrating complete information systems.
Consulting and professional services includes advising clients
on the acquisition and utilization of IT and on business
strategy, security, modeling, simulation, engineering,
operations, change management and business process
reengineering.
 
 
COMPUTER SCIENCES: Lawsuit Over Stock Option Backdating Pending
----------------------------------------------------------------
Shirley Morefield vs. Computer Sciences Corporation, et al., Case 
No. 09-cv-1176 (D. Nev.), is pending, according to the company's 
Aug. 7, 2009, Form 10-Q filing with the U.S. Securities and 
Exchange Commission for the quarter ended July 3, 2009.
 
On May 29, 2009, the class action lawsuit was filed in state 
court against the company and certain current and former officers 
and directors asserting claims for declarative and injunctive 
relief related to stock option backdating.  The alleged factual 
basis for the claims is the same as that which was alleged in 
prior derivative actions.  
 
On June 30, 2009, the company removed the state court proceeding, 
Morefield v. Computer Sciences Corporation, Case No. A-09-591338-
C (Clark Cty. Nev.) to federal court.  
 
The defendants deny the allegations in the Complaint.  
 
Computer Sciences Corp. -- http://www.csc.com/-- is a player in  
the information technology and professional services industry.  
CSC offers an array of services to clients in the Global 
Commercial and government markets.  Its service offerings include 
IT and business process outsourcing, and IT and professional 
services.  CSC also provides business process
outsourcing, managing key functions for clients, such as
procurement and supply chain, call centers and customer
relationship management, credit services, claims processing and 
logistics.  IT and professional services include systems
integration, consulting and other professional services.
Systems integration encompasses designing, developing,
implementing and integrating complete information systems.
Consulting and professional services includes advising clients
on the acquisition and utilization of IT and on business
strategy, security, modeling, simulation, engineering,
operations, change management and business process
reengineering.
 
 
 
 
HERTZ EQUIPMENT: Rental Unit Continues to Defend LDW Lawsuit
------------------------------------------------------------
Hertz Equipment Rental Corp., the heavy equipment rental unit of
Hertz Global Holdings, Inc., still faces a class action suit 
styled Davis Landscape, Ltd. v. Hertz Equipment Rental Corp., 
Case No. 06-cv-03830 (D. N.J.) (Cavanaugh, J.).  
 
Davis Landscape filed the lawsuit on Aug. 15, 2006, individually 
and on behalf of all others similarly situated.  The suit 
purports to be a nationwide class action on behalf of all 
persons and business entities who rented equipment from HERC and 
who paid a Loss Damage Waiver charge.  The complaint alleges 
that the LDW is deceptive and unconscionable as a matter of law 
under pertinent sections of New Jersey law, including the New 
Jersey Consumer Fraud Act and the New Jersey Uniform Commercial 
Code.  Davis seeks an unspecified amount of statutory damages
under the New Jersey Consumer Fraud Act, an unspecified amount
of compensatory damages with the return of all LDW charges paid,
declaratory relief and an injunction prohibiting HERC from
engaging in acts with respect to the LDW charge that violate the
New Jersey Consumer Fraud Act.  The complaint also asks for
attorneys' fees and costs.
 
In November 2006, the plaintiff filed an amended complaint 
adding an additional plaintiff, Texas-resident Miguel V. Pro, 
as well as new claims relating to HERC's charging of an
"Environmental Recovery Fee."  Causes of action for breach of 
contract and breach of implied covenant of good faith and fair 
dealing were also added.
 
In January 2007, the company filed an answer to the amended
complaint.  Discovery subsequently commenced among the parties.
 
After extensive discovery, the plaintiffs filed a motion to
certify the class in May 2008.  In June 2008, HERC filed its
opposition to class certification, as well as a motion for
summary judgment.  In April 2009, the U.S. Court of Appeals 
denied HERC's petition for leave to appeal the class 
certification order, according to the company's Aug. 7, 2009, 
Form 10-Q filing with the U.S. Securities and Exchange 
Commission for the quarter ended June 30, 2009. 
 
Representing the plaintiffs is:
 
         Scott A. George, Esq.
         Seeger Weiss LLP
         550 Broad Street, Suite 920
         Newark, NJ   07102
         Telephone: 215-553-7982
         E-mail: sgeorge@seegerweiss.com 
 
Representing the defendant is:
 
         Alan E. Kraus, Esq. (alan.kraus@lw.com)
         Latham & Watkins, LLP
         One Newark Center, 16th Floor
         Newark, NJ 07101-3174
         Phone: 973-639-7293
 
 
INTERNATIONAL RECTIFIER: Books $45 Mil. Charge to Settle Suit
-------------------------------------------------------------
International Rectifier Corporation (NYSE:IRF) reported this week 
that it booked a $45 million charge in its fourth-quarter related 
to an agreement in principle to settle pending securities class 
action litigation.  
 
Earlier this month, International Rectifier said that it reached 
an agreement in principle to settle Edward R. Koller v. 
International Rectifier Corporation, et. al., Civil Action No. 
07-02544 (C.D. Calif.), filed against the Company and certain of 
its  former officers and directors in April 2007 by a putative 
class consisting of purchasers of Company stock during the period 
from July 31, 2003, through February 11, 2008.
 
The settlement is subject to negotiation and execution of a 
formal settlement agreement and is dependent upon final court 
approval.  The proposed settlement would resolve all class 
members' claims against the Company and certain of its former 
officers and directors.  The settlement provide for a total 
payment to the plaintiffs of $90 million, of which $45 million is 
to be paid by the Company's insurance carriers and $45 million by 
the Company.
 
Class members will receive notice and have a right to object to 
or opt out of the settlement.  Final consummation of the 
settlement will occur upon the entry of final judgment by the 
court approving the settlement as fair to all class members.  
The timing of approval process is dependent on the court's 
calendar.  The Company expects that the approval process will be 
completed before the end of the calendar year 2009.
 
"The proposed settlement of this class action lawsuit is a 
significant step in our efforts to resolve the legacy legal 
issues of the Company," said Oleg Khaykin, President and Chief 
Executive Officer of International Rectifier.  "We are pleased 
to have an agreement in principle so we can focus our time and 
efforts on core activities and the growth of our business."
 
International Rectifier Corp. (NYSE: IRF) -- http://www.irf.com 
-- is a world leader in power management technology.  IR's 
analog, digital, and mixed signal ICs, and other advanced power 
management products, enable high performance computing and save 
energy in a wide variety of business and consumer applications.  
Leading manufacturers of computers, energy efficient appliances, 
lighting, automobiles, satellites, aircraft, and defense systems 
rely on IR's power management solutions to power their next 
generation products. 
 
 
INTERNATIONAL SHIPHOLDING: Stockholders' Suit Dismissed on May 5 
----------------------------------------------------------------
A purported class action suit filed by Alan R. Kahn, on behalf of 
himself and other similarly situated stockholders, against 
International Shipholding Corporation and the company's directors 
was dismissed in May 2009. 
 
On Sept. 17, 2008, Mr. Kahn filed a purported class action suit 
in the Circuit Court of Mobile County, Alabama, against the 
company and its directors, alleging that the director defendants 
breached their fiduciary duties of care, loyalty and good faith 
in connection with Liberty's conditional offer to purchase the 
outstanding common stock of the company by, among other things, 
purportedly failing to take adequate measures to ensure that the 
interests of the company's minority stockholders were protected.  
 
 
The lawsuit sought, among other things, injunctive relief 
relating to certain voting rights of the company's stockholders 
and monetary relief in an unspecified amount.  
 
The plaintiff filed a notice of voluntary dismissal on April 27, 
2009, and the Court dismissed this action without prejudice on 
May 5, 2009.  
 
All costs associated with this action have been included in the 
company's results, according to its Aug. 7, 2009, Form 10-Q 
filing with the U.S. Securities and Exchange Commission for the 
quarter ended June 30, 2009.
 
International Shipholding Corporation -- http://www.intship.com/ 
-- through its subsidiaries, operates a diversified fleet of 
United States and International flag vessels that provide 
international and domestic maritime transportation services to 
commercial and governmental customers primarily under medium to 
long-term time charters or Contracts of Affreightment.
 
 
JDS UNIPHASE: Finalizing Settlement in Consolidated ERISA Suit  
--------------------------------------------------------------
The parties are finalizing the settlement of the consolidated 
action entitled In re JDS Uniphase Corporation ERISA Litigation, 
Case No. C-03-4743 (N.D. Calif.), in which a purported class
of participants in the 401(k) Plans of the Company and Optical
Coating Laboratory, Inc., and the Plans themselves, assert claims 
against the company, certain of its former and current officers 
and directors, and certain other current and former JDSU 
employees.  
 
On Oct. 31, 2005, Plaintiffs filed an amended complaint.  The
amended complaint alleges that Defendants violated the Employee
Retirement Income Security Act by breaching their fiduciary
duties to the Plans and the Plans' participants.  The amended
complaint alleges a purported class period from Feb. 4, 2000, to
the present and seeks an unspecified amount of damages,
restitution, a constructive trust, and other equitable remedies.
Certain individual Defendants' motion to dismiss portions of the
amended complaint was granted with prejudice on June 15, 2006.
 
Plaintiffs filed a second amended complaint on June 30, 2006.
Defendants answered the complaint on July 6, 2006, and JDSU
asserted counterclaims for breach of contract.  The Court
dismissed those counterclaims on Sept. 11, 2006.
 
On Dec. 15, 2006, defendants moved for summary judgment on the
ground that the named plaintiffs lacked standing.  On the same
day, plaintiffs moved for class certification.
 
On April 24, 2007, the Court denied defendants' motion for
summary judgment as to plaintiff Douglas Pettit, deferred ruling
on the motion for summary judgment as to plaintiff Eric Carey,
and deferred ruling on plaintiffs' motion for class
certification.
 
Both sides have taken discovery.
 
Following the verdict for defendants in In re JDS Uniphase
Corporation Securities Litigation, the court in the ERISA
action vacated all existing deadlines, set a schedule for
briefing a summary judgment motion based on collateral estoppel
issues, and stayed discovery pending resolution of that motion.
 
By Order dated April 17, 2008, the Court modified the briefing
schedule for JDSU's summary judgment motion and ordered the
parties to engage in mediation. Defendants moved for summary
judgment on collateral estoppel issues on May 2, 2008.  The
parties participated in mediation on Oct. 10, 2008, and reached
an agreement in principle to resolve all claims.
 
On March 3, 2009, the parties signed a Memorandum of 
Understanding reflecting the terms of their agreement.  The 
parties continue to work on documents necessary to complete the 
settlement and have exchanged drafts, according to the company's 
Aug. 24, 2009, Form 10-K Filing with the U.S. Securities and 
Exchange Commission for the fiscal year ended June 27, 2009. 
 
JDS Uniphase Corp. -- http://www.jdsu.com/-- is a provider of 
communications test and measurement solutions and optical
products for telecommunications service providers, cable
operators, and network equipment manufacturers.  In addition,
the Company's optical coatings are used in visual display and
decorative product differentiation applications.  It has four
segments: Optical Communications, Communications Test and
Measurement, Advanced Optical Technologies, and Commercial 
Lasers.
 
 
LOUISIANA CITIZENS: $95 Mil. Appeal Bond Requirement Modified
------------------------------------------------------------
SmartBrief reports that National Underwriter reports that 
Louisiana Citizens Property Insurance no longer has to post a 
$95 million bond to appeal a court ruling, which ordered the 
state-backed insurer to pay the same amount to policyholders for 
delays in adjusting their Hurricane Katrina claims.  Instead, 
Citizens has been ordered to pay a group of class-action lawyers 
$6 million while the appeal moves to the state Supreme Court.  
 
The Louisiana Fourth Circuit Court of Appeal upheld the
certification of a class-action lawsuit against Citizens Property 
Insurance Corp. that charges the state-sponsored insurer of 
failing to pay contractor overhead and profit on claims from 
hurricanes Katrina and Rita, according to Rebecca Mowbray at The 
Times-Picayune (Class Action Reporter, June 3, 2009). 
 
The Orleans Parish case, styled Stephanie Press v. Louisiana 
Citizens Fair Plan Property Insurance Corp., is one of three 
hurricane class actions pending against Citizens.  In total, the 
cases have the potential to award tens of millions to 
policyholders and create financial problems for Citizens, which 
can pass on bills to taxpayers if it does not have enough cash on 
had to fulfill its obligations, according to The Times-Picayune 
reports.
 
According to Mark Smith, Esq., an attorney for the plaintiffs,
the lawsuit is one of a number of cases nationwide involving what 
is called contractor overhead and profit.  Mr. Smith explained to 
The Times-Picayune that anytime a repair job requires three or 
more tradesmen, such as a plumber, a roofer and an electrician, a 
policyholder is entitled to hire a general contractor to 
coordinate all the parties.   The insurance company is supposed 
to pay an extra 20 percent on top of labor and material costs to 
cover the contractor's services and profit, he said.  Mr. Smith 
alleged that Citizens paid contractor overhead and profit for a 
while after the 2005 storms, stopped doing so for a period of 
time and then resumed payment at some point, The Times-Picayune 
reported.
 
 
OCLARO INC: Avanex Stockholders' Claims Dismissed on August 17
--------------------------------------------------------------
The Superior Court of California in and for the County of 
Alameda, on Aug. 17, 2009, dismissed the claims in a purported 
stockholder class action complaint against Oclaro, Inc.  
 
On Feb. 3, 2009, a purported class action complaint was filed 
against Avanex and its directors, Bookham, and Ultraviolet 
Acquisition Sub, Inc. in the Superior Court of California in and 
for the County of Alameda by two individuals who purported to be 
stockholders of Avanex. 
 
Plaintiffs agreed to dismiss their individual claims with 
prejudice, and Oclaro agreed to pay Plaintiff's counsel up to 
$20,000 in fees and costs.  On Aug. 17, 2009, the Superior Court 
so ordered stipulation and, as stipulated by the parties, ordered 
Oclaro to pay the $20,000.
 
Plaintiffs had purported to bring the Action on behalf of a class 
of all stockholders of Avanex.  As amended, plaintiffs' complaint 
alleged that the Avanex directors breached their fiduciary duties 
by failing to maximize stockholder value in connection with the 
contemplated merger of Avanex and Bookham, and that a preliminary 
version of the Joint Proxy Statement and Prospectus filed with 
the SEC on Feb. 26, 2009, failed to provide stockholders with 
material information or contained materially misleading 
information thereby rendering the stockholders unable to cast an 
informed vote on the proposed merger.  The complaint also alleged 
that Avanex, Bookham, and Ultraviolet Acquisition Sub aided and 
abetted the Avanex directors' alleged breach of fiduciary duties.  
 
Plaintiffs sought to permanently enjoin the merger with Bookham 
and sought monetary damages in an unspecified amount attributable 
to the alleged breach of duties, and legal fees and expenses.
 
On April 8, 2009, Avanex and the other named defendants entered 
into a memorandum of understanding with plaintiffs' counsel 
regarding the proposed settlement of the Action.  In connection 
with the proposed settlement, Avanex made certain additional 
disclosures to its stockholders.  Pursuant to the memorandum of 
understanding, the parties entered into a stipulation of 
settlement, which provisionally certified the action as a class 
action.  The stipulation provided that members of the class would 
furnish defendants with a release, and plaintiffs' counsel would 
seek an award of attorneys' fees and expenses in the amount of up 
to $230,000 as part of the settlement, which would be paid by 
Avanex (or its successor(s)-in-interest).
 
The Superior Court denied the motion to preliminarily approve the 
proposed settlement.  The individual plaintiffs thereafter 
stipulated to dismiss their individual claims with prejudice, and 
the parties agreed that the Court could award plaintiffs' counsel 
up to $20,000 in fees and costs.  The stipulation further 
provided that the other purported class members would receive 
notice of this settlement pursuant to the company's Current 
Report on Form 8-K filing with the U.S. Securities and Exchange 
Commission dated Aug. 24, 2009, and that they would reserve their 
rights with regard to defendants.
 
On Aug. 17, 2009, the Superior Court entered the stipulation as 
an Order of the Court, dismissing the plaintiffs' individual 
claims with prejudice, and ordered Oclaro, Inc. to pay 
plaintiffs' attorneys' fees in the amount of $20,000. 
 
Oclaro, Inc. -- http://www.oclaro.com/-- formerly Bookham, Inc.,  
designs, manufactures and market optical components, modules and 
subsystems that generate, detect, amplify, combine and separate 
light signals principally for use in fiber optics communications 
networks.  It operates in two business segments: telecom and non-
telecom.  Its telecom segment relates to the design, development, 
manufacture, marketing and sale of optical component products to 
telecommunications systems vendors.  Non-telecom relates to the 
design, manufacture, marketing and sale of optics and photonics 
solutions for markets, including material processing, inspection 
and instrumentation, and research and development.  It sells its 
telecom products to telecommunications systems and components 
vendors.
 
 
PARTNER COMMUNICATIONS: Confirms Receipt of Class Action Lawsuit
----------------------------------------------------------------
Partner Communications Company Ltd., confirmed this week that it 
was served with a lawsuit requesting certification as a class 
action, filed against it, another cellular operator, and two 
content providers and integrators, in the District Court of 
Petach-Tikva.
 
The claim alleges that Partner charged subscribers for certain 
content services, without their consent.
 
If the lawsuit is certified as a class action, the total amount 
of claim against Partner is estimated by the Plaintiffs to be 
approximately NIS 227,822,400.
 
Partner says it is reviewing and assessing the lawsuit and at 
this preliminary stage is unable to evaluate the probability of 
success of the lawsuit or the range of potential exposure, if 
any, with any degree of certainty.
 
Partner Communications Company Ltd. is a leading Israeli provider 
of telecommunications operator (cellular, fixed-line telephony 
and Internet Services Provider) under the orange(TM) brand.  The 
Company provides mobile communications services to 2.944 million 
subscribers in Israel (as of June 30, 2009). Partner's ADSs are 
quoted on the NASDAQ Global Select Market(TM) and its shares are 
traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
 
Partner is a subsidiary of Hutchison Telecommunications 
International Limited -- http://www.htil.com/-- a leading global  
provider of telecommunications services.  Hutchison Telecom 
currently offers mobile and fixed line telecommunications 
services in Israel, and operates mobile telecommunications 
services in Thailand, Sri Lanka, Vietnam and Indonesia. It was 
the first provider of 3G mobile services in Israel and operates 
brands including "Hutch", "3" and "orange".  Hutchison Telecom, a 
subsidiary of Hutchison Whampoa Limited, is a listed company with 
American Depositary Shares quoted on the New York Stock Exchange 
under the ticker "HTX" and shares listed on the Stock Exchange of 
Hong Kong under the stock code "2332". 
 
 
POMEROY IT: To Defend Claims in Stockholders' Suit Over Merger
--------------------------------------------------------------
Pomeroy IT Solutions, Inc., and its directors are continuing 
their defense of claims and causes of action asserted in Kenneth 
Hanninen's purported class action complaint.
 
On May 22, 2009, a purported class action complaint was filed in 
the Commonwealth of Kentucky, Boone Circuit Court, by Kenneth 
Hanninen, an alleged Pomeroy stockholder, on behalf of himself 
and all others similarly situated, against the company and each 
of its current directors as of the filing date: David G. Boucher, 
Keith R. Coogan, Ronald E. Krieg, David B. Pomeroy, II, Richard 
S. Press, Michael A. Ruffolo, Jonathan Starr and Debra Tibey.  
Hebron LLC and Desert Mountain Acquisition Co., affiliates of Mr. 
Pomeroy, were also named as defendants in the lawsuit.  
 
The complaint alleges, among other things, that the directors of 
the company are in breach of their fiduciary duties to 
stockholders in connection with the company's entry into an 
agreement and plan of merger dated May 19, 2009, with Hebron LLC, 
Desert Mountain Acquisition Co., and, with respect to certain 
sections of the merger agreement only, David B. Pomeroy, II.  
 
The complaint seeks, among other things, injunctive relief to 
enjoin the company and its directors from consummating the 
transaction contemplated under the Agreement, along with 
attorneys' fees and costs, according to the company's Aug. 24, 
2009, Form 10-Q filing with the U.S. Securities and Exchange 
Commission for the quarter ended July 5, 2009
 
Pomeroy IT Solutions, Inc. -- http://www.pomeroy.com/-- is   
a leading provider of IT infrastructure solutions focused on
enterprise, network and end-user technologies.  Leveraging its
core competencies in IT Outsourcing and Professional Services,
Pomeroy delivers consulting, deployment, operational, staffing
and product sourcing solutions through the disciplines of Six-
Sigma, program and project management, and industry best
practices.  Pomeroy's consultative approach and adaptive
methodology enables Fortune 2000 corporations, government
entities, and mid-market clients to realize their business goals
and objectives by leveraging information technology to simplify
complexities, increase productivity, reduce costs, and improve
profitability.
 
                         Asbestos Alerts
 
ASBESTOS LITIGATION: District Court Reverses Congoleum Dismissal
----------------------------------------------------------------
Congoleum Corporation, on Aug. 21, 2009, announced that it 
received a decision from the U.S. District Court on its appeal of 
two orders from the US Bankruptcy Court, according to a Company 
report, on Form 8-K, filed with the Securities and Exchange 
Commission on Aug. 21, 2009.
 
The Company had appealed Bankruptcy Court orders finding its 
latest plan of reorganization unconfirmable and dismissing its 
Chapter 11 case. The District Court decision reversed the 
dismissal order on Aug. 17, 2009.
 
With respect to the plan of reorganization, the District Court 
ruled that a settlement with certain asbestos claimants was 
reasonable and not an impediment to confirmation while another 
issue would require a minor modification to the plan.
 
The decision also provided specific guidance about the plan and 
directed the parties in the case to provide briefings in 
preparation for a confirmation hearing. In addition, the District 
Court assumed jurisdiction over the proceedings from the 
Bankruptcy Court.
 
Roger S. Marcus, Chairman of the Board, commented, "We are 
extremely pleased with the ruling from the District Court. It 
removes the threat of dismissal and provides all parties with the 
clear guidance needed to achieve a confirmable plan. This result 
was precisely what we had hoped for, and believe it puts us on 
track for confirmation of a plan.
 
"Since confirmation of our plan would have required review by the 
District Court, the decision of the District Court to assume 
authority over the proceedings will expedite the plan 
confirmation process. In summary, we consider this an extremely 
positive development and believe we could see a plan confirmed 
within a reasonable amount of time."
 
Mercerville, N.J.-based Congoleum Corporation manufactures 
resilient flooring, serving both residential and commercial 
markets. Its sheet, tile and plank products are available in 
various designs and colors, and are used in remodeling, 
manufactured housing, new construction and commercial 
applications.
 
 
ASBESTOS LITIGATION: Premix-Marbletite Faces Seven Injury Claims 
----------------------------------------------------------------
Imperial Industries, Inc.'s subsidiary, Premix-Marbletite 
Manufacturing Co., is a defendant, together with non-affiliated 
parties, in seven claims (four of which include the Company as a 
defendant) which allege bodily injury due to exposure to asbestos 
contained in products manufactured in excess of 30 years ago.
 
Premix faced five asbestos-related claims (two of which include 
the Company as a defendant). (Class Action Reporter, May 29, 
2009)
 
The Company has identified at least 10 of its prior insurance 
carriers that have provided product liability coverage to the 
Company including potential coverage for alleged injuries related 
to asbestos exposure. Several of these insurance carriers are 
providing a defense to Premix and the Company under a reservation 
of rights in all of these asbestos cases.
 
Certain of these underlying carriers have denied coverage to 
Premix and the Company on the basis that certain exclusions 
preclude coverage and that their policies have been exhausted.
 
In June 2009, one such carrier filed suit in Miami-Dade Circuit 
Court against Premix and the Company, wherein the carrier seeks a 
declaration from the Court that its insurance policies do not 
provide coverage for the asbestos claims against Premix and the 
Company.
 
The carrier also asserts a claim for reimbursement of defense 
costs and indemnity payments that it voluntarily made on the 
Company's behalf in prior asbestos claims.
 
Pompano Beach, Fla.-based Imperial Industries, Inc. manufactures 
and sells exterior and interior finishing wall coatings and 
mortar products for the construction industry, as well as 
purchases and resells building materials from other 
manufacturers.
 
 
ASBESTOS LITIGATION: Todd Shipyards Facing 557 Claims at June 28
----------------------------------------------------------------
Todd Shipyards Corporation is currently defending about 557 
asbestos claims, of which 11 are "malignant" claims and 546 are 
"non-malignant" claims.
 
The Company is named as a defendant in civil actions by parties 
alleging damages from past exposure to toxic substances, 
generally asbestos, at closed former facilities.
 
The cases generally include as defendants, in addition to the 
Company, other ship builders and repairers, ship owners, asbestos 
manufacturers, distributors and installers, and equipment 
manufacturers and arise from injuries or illnesses allegedly 
caused by exposure to asbestos or other toxic substances.
 
As of June 28, 2009, the Company has recorded a bodily injury 
liability reserve of US$5.1 million and a bodily injury insurance 
receivable of US$3.9 million.
 
This compares to a previously recorded bodily injury reserve of 
US$5 million and an insurance receivable of US$3.8 million at 
March 29, 2009.
 
Seattle-based Todd Shipyards Corporation, through subsidiary Todd 
Pacific Shipyards, repairs, maintains, overhauls, and builds 
government-owned and commercial vessels. The U.S. government 
accounts for more than 60 percent of the Company's shipyard 
sales.
 
 
ASBESTOS LITIGATION: Scotts Miracle Facing Pending Injury Suits 
---------------------------------------------------------------
The Scotts Miracle-Gro Company is still a defendant in cases 
alleging injuries that the lawsuits claim resulted from exposure 
to asbestos-containing products, based on the Company's historic 
use of vermiculite in certain of its products.
 
The complaints in these cases are not specific about the 
plaintiffs' contacts with the Company or its products. The 
Company in each case is one of numerous defendants and none of 
the claims seek damages from the Company alone.
 
The Company is reviewing agreements and policies that may provide 
insurance coverage or indemnity as to these claims and is 
pursuing coverage under some of these agreements and policies.
 
Based in Marysville, Ohio, The Scotts Miracle-Gro Company 
manufactures and sells horticultural and turf products. Its 
garden and indoor plant care items include grass seeds, 
fertilizers, herbicides, potting soils, and related tools. Brand 
names include Ortho, Miracle-Gro, Hyponex, and Turf Builder.
 
 
ASBESTOS LITIGATION: Exposure Lawsuits Still Ongoing v. NL Ind.
---------------------------------------------------------------
NL Industries, Inc. is still named as a defendant in various 
lawsuits in several jurisdictions, alleging personal injuries as 
a result of occupational exposure primarily to products 
manufactured by its former operations containing asbestos, silica 
and mixed dust.  
 
During the first quarter of 2009, certain of these cases 
involving multiple plaintiffs were separated into single-
plaintiff cases. As a result, the total number of outstanding 
cases increased.
 
About 1,224 of these types of cases remain pending, involving a 
total of about 3,400 plaintiffs. In addition, the claims of about 
7,500 plaintiffs have been administratively dismissed or placed 
on the inactive docket in Ohio state courts.
 
The Company does not expect these claims will be re-opened unless 
the plaintiffs meet the courts' medical criteria for asbestos-
related claims.
 
The Company has not accrued any amounts for this litigation 
because of the uncertainty of liability and inability to 
reasonably estimate the liability, if any. To date, the Company 
has not been adjudicated liable in any of these matters.
 
Dallas-based NL Industries, Inc. is engaged in the component 
products (security products, furniture components and performance 
marine components), chemicals (TiO2) and other businesses.
 
 
ASBESTOS LITIGATION: TriMas Party to 805 Lawsuits (7,528 Claims)
----------------------------------------------------------------
TriMas Corporation, as of June 30, 2009, was a party to 805 
pending cases involving an aggregate of 7,528 claimants alleging 
personal injury from exposure to asbestos containing materials.
 
As of March 31, 2009, the Company was a party to 777 pending 
cases involving an aggregate of 7,498 claimants alleging personal 
injury from exposure to asbestos containing materials. (Class 
Action Reporter, May 15, 2009)
 
The asbestos was formerly used in gaskets (both encapsulated and 
otherwise) manufactured or distributed by certain of the 
Company's subsidiaries for use primarily in the petrochemical 
refining and exploration industries.
 
During the six months ended June 30, 2009, the Company recorded 
158 claims filed, 150 claims dismissed, and four claims settled. 
The average settlement amount per claim during period was 
US$36,688 and total defense costs during period were 
US$1,346,500.
 
During the year ended Dec. 31, 2008, the Company recorded 723 
claims filed, 2,668 claims dismissed, and 75 claims settled. The 
average settlement amount per claim during period was US$1,813 
and the total defense costs during period were US$3,448,000.
 
In addition, the Company acquired various companies to distribute 
its products that had distributed gaskets of other manufacturers 
prior to acquisition. The Company said it believes that many of 
its pending cases relate to locations at which none of its 
gaskets were distributed or used.
 
Of the 7,528 claims pending at June 30, 2009, about 120 set forth 
specific amounts of damages (other than those stating the 
statutory minimum or maximum). About 88 of the 120 claims sought 
between US$1 million and US$5 million in total damages (which 
includes compensatory and punitive damages), about 26 sought 
between US$5 million and US$10 million in total damages (which 
includes compensatory and punitive damages) and six sought over 
US$10 million (which includes compensatory and punitive damages).
 
Solely with respect to compensatory damages, about 91 of the 120 
claims sought between US$50,000 and US$600,000, about 23 sought 
between US$1 million and US$5 million and six sought over US$5 
million.
 
Solely with respect to punitive damages, about 90 of the 120 
claims sought between US$0 million and US$2.5 million, about 25 
sought between US$2.5 million and US$5 million and five sought 
over US$5 million. In addition, relatively few of the claims have 
reached the discovery stage and even fewer claims have gone past 
the discovery stage.
 
Total settlement costs (exclusive of defense costs) for all such 
cases, some of which were filed over 20 years ago, have been 
about US$5.4 million. To date, about 50 percent of the Company's 
costs related to settlement and defense of asbestos litigation 
have been covered by its primary insurance.
 
Effective Feb. 14, 2006, the Company entered into a coverage-in-
place agreement with its first level excess carriers regarding 
the coverage to be provided to the Company for asbestos-related 
claims when the primary insurance is exhausted. The coverage-in-
place agreement makes coverage available to the Company that 
might otherwise be disputed by the carriers and provides a 
methodology for the administration of asbestos litigation defense 
and indemnity payments.
 
The coverage in place agreement allocates payment responsibility 
among the primary carrier, excess carriers and the Company's 
subsidiary.
 
Bloomfield Hills, Mich.-based TriMas Corporation and its 
subsidiaries manufacture and distribute products for commercial, 
industrial and consumer markets. The Company is engaged in five 
reportable segments with diverse products and market channels: 
Packaging, Energy, Aerospace & Defense, Engineered Components and 
Cequent.
 
 
ASBESTOS LITIGATION: Allstate Records $1.19B Reserves at June 30
----------------------------------------------------------------
The Allstate Corporation's reserves for asbestos claims were 
US$1.19 billion at June 30, 2009 and US$1.23 billion at Dec. 31, 
2008.
 
The Company's reserves for asbestos claims were US$1.21 billion 
at March 31, 2009. (Class Action Reporter, May 22, 2009)
 
Net of reinsurance recoverable, the reserves were US$682 million 
at June 30, 2009 and US$704 million at Dec. 31, 2008.  
 
About 64 percent of the total net asbestos and environmental 
reserves at both June 30, 2009 and Dec. 31, 2008 were for 
incurred but not reported estimated losses.
 
Based in Northbrook, Ill., The Allstate Corporation and its 
wholly owned subsidiaries, primarily Allstate Insurance Company 
(AIC), are property-liability insurance companies with various 
property-liability and life and investment subsidiaries, 
including Allstate Life Insurance Company (ALIC).
 
 
ASBESTOS LITIGATION: Sunoco Inc. Still Subject to Exposure Suits
----------------------------------------------------------------
Sunoco, Inc. continues to be subject to legal and administrative 
proceedings over allegations of exposures of third parties to 
toxic substances like asbestos and benzene.
 
No further asbestos-related matters were disclosed in the 
Company's latest quarterly report filed with the Securities and 
Exchange Commission.
 
Philadelphia-based Sunoco, Inc. is a petroleum refiner and 
marketer and chemicals manufacturer with interests in logistics 
and cokemaking.
 
 
ASBESTOS LITIGATION: AIHL Reserves $19.5M for Claims at June 30
----------------------------------------------------------------
Alleghany Corporation's subsidiary, Alleghany Insurance Holdings 
LLC's reserve for unpaid losses and loss adjustment expenses 
includes US$19.5 million of gross reserves and US$19.4 million of 
net reserves at June 30, 2009, and US$20.4 million of gross 
reserves and US$20.3 million of net reserves at Dec. 31, 2008.
 
These reserves were for various liability coverages related to 
asbestos and environmental impairment claims that arose from 
reinsurance assumed by a subsidiary of Capitol Transamerica 
Corporation and Platte River Insurance Company between 1969 and 
1976.
 
This subsidiary exited this business in 1976. 
 
New York-based Alleghany Corporation is engaged in the property 
and casualty and surety insurance business through its subsidiary 
Alleghany Insurance Holdings LLC (AIHL).
 
 
ASBESTOS LITIGATION: Huntsman Still Named a "Premises Defendant"
----------------------------------------------------------------
Huntsman Corporation continues to be named as a "premises 
defendant" in a number of asbestos exposure cases, typically 
claims by non-employees of exposure to asbestos while at a 
facility.
 
Where a claimant's alleged exposure occurred prior to the 
Company's ownership of the relevant "premises," the prior owners 
generally have contractually agreed to retain liability for, and 
to indemnify the Company against, asbestos exposure claims.
 
During the six months ended June 30, 2009, the Company recorded 
six cases tendered, 11 cases resolved and 1,135 cases unresolved 
at the end of the period. During the six months ended June 30, 
2008, the Company recorded 10 cases tendered, 59 resolved cases 
and 1,143 cases unresolved at the end of the period.
 
The Company has never made any payments with respect to these 
cases. As of June 30, 2009, the Company had an accrued liability 
of US$16 million relating to these cases and a corresponding 
receivable of US$16 million relating to its indemnity protection 
with respect to these cases.
 
Certain cases in which the Company is a "premises defendant" are 
not subject to indemnification by prior owners or operators.
 
During the six months ended June 30, 2009, the Company recorded 
one such case filed, two cases resolved, and 42 cases unresolved 
at the end of the period. During the six months ended June 30, 
2008, the Company recorded two cases filed, one case resolved, 
and 40 unresolved cases at the end of the period.
 
The Company did not pay any settlement costs for asbestos 
exposure cases that are not subject to indemnification during the 
six months ended June 30, 2009 and June 30, 2008. As of June 30, 
2009, the Company had an accrued liability of US$225,000 relating 
to these cases.
 
Salt Lake City, Utah-based Huntsman Corporation manufactures 
differentiated organic chemical products and inorganic chemical 
products. Its products are used in applications, including those 
in the adhesives, aerospace, automotive, construction products, 
durable and non-durable consumer products, electronics, medical, 
packaging, paints and coatings, power generation, refining, 
synthetic fiber, textile chemicals and dye industries.
 
 
ASBESTOS LITIGATION: Douglas Emmett Has Hazard in 23 Properties
---------------------------------------------------------------
Douglas Emmett, Inc. says that environmental site assessments and 
investigations have identified 23 properties in its portfolio 
containing asbestos.
 
The asbestos would have to be removed in compliance with 
applicable environmental regulations if these properties undergo 
major renovations or are demolished.
 
As of June 30, 2009, the obligations to remove the asbestos from 
these properties have indeterminable settlement dates, and 
therefore, the Company is unable to reasonably estimate the fair 
value of the associated conditional asset retirement obligation.
 
COMPANY PROFILE:
Douglas Emmett, Inc.
808 Wilshire Boulevard, Suite 200
Santa Monica, Calif.
90401
Tel. No.: (310) 255-7700
 
Description:
The Company is a fully integrated, self-administered and self-
managed Real Estate Investment Trust (REIT).  Through its 
interest in Douglas Emmett Properties, LP and its subsidiaries, 
the Company owns, manages, leases, acquires and develops real 
estate.
 
 
ASBESTOS LITIGATION: Dana Holding Faces 31,000 Claims at June 30
----------------------------------------------------------------
Dana Holding Corporation had about 31,000 active pending asbestos 
personal injury liability claims at June 30, 2009 and at Dec. 31, 
2008.
 
In addition, about 15,000 mostly inactive claims have been 
settled and are awaiting final documentation and dismissal, with 
or without payment.
 
The Company has accrued US$115 million for indemnity and defense 
costs for settled, pending and future claims at June 30, 2009, 
compared with US$124 million at Dec. 31, 2008.
 
Based on the volume of asbestos claims filed subsequent to its 
emergence from Chapter 11, the Company reevaluated its estimated 
liability as of June 30, 2009. The Company revised its estimates 
of claims expected to be compensated in the future, which reduced 
its estimated obligation for asbestos personal injury claims by 
US$12 million and the related insurance recoverable by US$6 
million.
 
The Company recorded the net benefit of US$6 in selling, general 
and administrative expense.
 
At June 30, 2009, the Company had recorded US$62 million as an 
asset for probable recovery from its insurers for the pending and 
projected asbestos personal injury liability claims.
 
Toledo, Ohio-based Dana Holding Corporation supplies axles; 
driveshafts; and structural, sealing and thermal-management 
products; as well as genuine service parts. Customers include 
vehicle manufacturers in the global automotive, commercial 
vehicle, and off-highway markets.
 
 
ASBESTOS LITIGATION: Dana Has $47M for CCR Cases Through June 30
----------------------------------------------------------------
Dana Holding Corporation, through June 30, 2009, had collected 
the entire US$47 million paid to claimants with respect to Center 
for Claims Resolution (CCR) asbestos claims.  
 
After the CCR discontinued negotiating shared settlements for 
asbestos claims for its member companies in 2001, some former CCR 
members defaulted on the payment of their shares of some 
settlements and some settling claimants sought payment of the 
unpaid shares from other members of the CCR at the time of the 
settlements, including from the Company.
 
The Company has been working with the CCR, other former CCR 
members, its insurers and the claimants over a period of several 
years in an effort to resolve these issues.
 
Efforts to recover additional CCR-related payments from surety 
bonds and other claims are continuing. Additional recoveries are 
not assured and accordingly have not been recorded at June 30, 
2009.
 
Toledo, Ohio-based Dana Holding Corporation supplies axles; 
driveshafts; and structural, sealing and thermal-management 
products; as well as genuine service parts. Customers include 
vehicle manufacturers in the global automotive, commercial 
vehicle, and off-highway markets.
 
 
ASBESTOS LITIGATION: Pepco Still Has 180 Cases in Md. at June 30
----------------------------------------------------------------
Pepco Holdings, Inc. says that, as of June 30, 2009, there are 
about 180 asbestos cases still pending against it in the State 
Courts of Maryland.
 
Of these cases, about 90 cases were filed after Dec. 19, 2000, 
and were tendered to Mirant Corporation for defense and 
indemnification under the terms of the Asset Purchase and Sale 
Agreement between the Company and Mirant under which the Company 
sold its generation assets to Mirant in 2000.
 
In 1993, the Company was served with Amended Complaints filed in 
the state Circuit Courts of Prince George's County, Baltimore 
City and Baltimore County, Md., in separate ongoing, consolidated 
proceedings known as "In re: Personal Injury Asbestos Case."
 
The Company and other corporate entities were brought into these 
cases on a theory of premises liability. Under this theory, the 
plaintiffs argued that the Company was negligent in not providing 
a safe work environment for employees or its contractors, who 
allegedly were exposed to asbestos while working on the Company's 
property.
 
Initially, a total of about 448 individual plaintiffs added Pepco 
to their complaints. While the pleadings are not entirely clear, 
it appears that each plaintiff sought US$2 million in 
compensatory damages and US$4 million in punitive damages from 
each defendant.
 
Since the initial filings in 1993, additional individual suits 
have been filed against the Company, and significant numbers of 
cases have been dismissed. As a result of two motions to dismiss, 
numerous hearings and meetings and one motion for summary 
judgment, the Company has had about 400 of these cases 
successfully dismissed with prejudice, either voluntarily by the 
plaintiff or by the court.
 
While the aggregate amount of monetary damages sought in the 
remaining suits (excluding those tendered to Mirant) is about 
US$360 million, the Company said it believes the amounts claimed 
by the remaining plaintiffs are greatly exaggerated.
 
Washington, D.C.-based Pepco Holdings, Inc. is a diversified 
energy company that, through its operating subsidiaries, is 
engaged in two businesses: the distribution, transmission and 
default supply of electricity and the delivery and supply of 
natural gas (Power Delivery) and competitive energy generation, 
marketing and supply (Competitive Energy).
 
 
ASBESTOS LITIGATION: Court OKs Aurora Pump Summary Judgment Bid
---------------------------------------------------------------
The Superior Court of Connecticut granted summary judgment in 
favor of Aurora Pump Company, in an asbestos case filed by 
Dorothy Drucker on behalf of her husband, Paul Drucker.
 
The case is styled Paul Drucker et al v. A.W. Chesterton Co. et 
al.
 
Judge Trial Referee David W. Skolnick entered judgment in Case 
No. CV075006717S on June 23, 2009.
 
The Druckers filed the instant claim against multiple defendants, 
including the defendant Aurora Pump, for personal injuries 
sustained as the result of Mr. Drucker's exposure to asbestos 
containing products while in the U.S. Navy from 1943 to 1950. 
Thereafter, upon re-enlisting Mr. Drucker worked as a man-power 
and planning estimator at General Dynamics from 1950 to 1988.
 
As a result of his exposure to asbestos while in the Navy and, 
thereafter, while working for General Dynamics, Mr. Drucker 
developed mesothelioma, which caused his death on May 3, 2007.
 
Accordingly, the court had no evidence either, from Mr. Drucker 
or fellow workers that he was exposed to an Aurora pump on a ship 
or at a location where an Aurora pump was present. Nor was there 
evidence that the one Aurora pump identified contained asbestos 
which was used most often in applications requiring protection 
from excessive heat production.
 
Accordingly, in the absence of evidence creating a material issue 
of fact, Aurora Pump's motion for summary judgment was granted.
 
 
ASBESTOS LITIGATION: California Water Still Faces Exposure Suits
----------------------------------------------------------------
California Water Service Group, from time to time, has been named 
as a co-defendant in several asbestos related lawsuits, according 
to the Company's quarterly report filed with the Securities and 
Exchange Commission on Aug. 6, 2009.
 
The Company has been dismissed without prejudice in several of 
these cases. In other cases, the Company's contractors and its 
insurance policy carriers have settled the cases with no effect 
on the Company's financial statements.
 
San Jose, Calif.-based California Water Service Group is a 
holding company that provides water utility and other related 
services in California, Washington, New Mexico and Hawaii through 
its wholly owned subsidiaries.
 
 
ASBESTOS LITIGATION: Cooper Cites 23,028 Abex Claims at June 30
---------------------------------------------------------------
Cooper Industries, Ltd., at June 30, 2009, recorded 23,028 
pending asbestos-related claims that are part of its obligation 
to Pneumo-Abex Corporation (Pneumo).
 
At March 31, 2009, the Company recorded 23,401 pending asbestos-
related claims that are part of its obligation to Pneumo. (Class 
Action Reporter, May 15, 2009)
 
From Aug. 28, 1998 through June 30, 2009, a total of 147,011 Abex 
Claims were filed, of which 123,983 claims have been resolved.
 
In October 1998, the Company sold its Automotive Products 
business to Federal-Mogul Corporation. These discontinued 
businesses (including the Abex Friction product line obtained 
from Pneumo-Abex Corporation [Pneumo] in 1994) were operated 
through subsidiary companies, and the stock of those subsidiaries 
was sold to Federal-Mogul under a Purchase and Sale Agreement 
dated Aug. 17, 1998 (1998 Agreement).
 
In conjunction with the sale, Federal-Mogul indemnified the 
Company for certain liabilities of these subsidiary companies, 
including liabilities related to the Abex Friction product line 
and any potential liability that the Company may have to Pneumo 
under a 1994 Mutual Guaranty Agreement between the Company and 
Pneumo.
 
On Oct. 1, 2001, Federal-Mogul and several of its affiliates 
filed a Chapter 11 bankruptcy petition. The Bankruptcy Court for 
the District of Delaware confirmed Federal-Mogul's plan of 
reorganization and Federal-Mogul emerged from bankruptcy in 
December 2007.
 
As part of Federal-Mogul's Plan of Reorganization, the Company 
and Federal-Mogul reached a settlement agreement that was subject 
to approval by the Bankruptcy Court resolving Federal-Mogul's 
indemnification obligations to the Company.
 
On Sept. 30, 2008, the Bankruptcy Court issued its final ruling 
denying the Company's participation in the proposed Federal-Mogul 
524(g) trust resulting in implementation of the previously 
approved Plan B Settlement. As part of its obligation to Pneumo 
for any asbestos-related claims arising from the Abex Friction 
product line (Abex Claims), the Company has rights, confirmed by 
Pneumo, to significant insurance for such claims.
 
During the six months ended June 30, 2009, 836 claims were filed 
and 1,496 claims were resolved. Since Aug. 28, 1998, the average 
indemnity payment for resolved Abex Claims was US$2,064 before 
insurance. A total of US$155.4 million was spent on defense costs 
for the period Aug. 28, 1998 through June 30, 2009. 
 
Historically, existing insurance coverage has provided 50 percent 
to 80 percent of the total defense and indemnity payments for 
Abex Claims. However, insurance recovery is currently at a lower 
percentage (about 30 percent) due to exhaustion of primary layers 
of coverage and litigation with certain excess insurers.
 
Houston-based Cooper Industries, Ltd.'s electrical products 
segment makes circuit protection equipment, as well as lighting 
fixtures, wiring devices, and other power management and 
distribution equipment for residential, commercial, and 
industrial use. Its other main business segment manufactures 
power tools for the industrial market and hand tools for the do-
it-yourself and commercial markets.
 
 
ASBESTOS LITIGATION: Cooper Records $805Mil Liability at June 30
----------------------------------------------------------------
As of June 30, 2009, Cooper Industries, Ltd. estimates that the 
asbestos liability for pending and future indemnity and defense 
costs for the next 45 years will be US$805 million.
 
As of March 31, 2009, the Company estimated that the liability 
for pending and future indemnity and defense costs for the next 
45 years will be US$811.7 million. (Class Action Reporter, May 
15, 2009)
 
The amount included for unpaid indemnity and defense costs is not 
significant at June 30, 2009. The estimated liability is before 
any tax benefit and is not discounted as the timing of the actual 
payments is not reasonably predictable.
 
Pneumo-Abex Corporation discontinued using asbestos in the Abex 
Friction product line in the 1970s and epidemiological studies 
that are publicly available indicate the incidence of asbestos-
related disease is in decline and should continue to decline 
steadily.
 
The Company utilized scenarios that it believed were reasonably 
possible that indicate a broader range of potential estimates 
from US$735 to US$950 million (undiscounted).
 
Houston-based Cooper Industries, Ltd.'s electrical products 
segment makes circuit protection equipment, as well as lighting 
fixtures, wiring devices, and other power management and 
distribution equipment for residential, commercial, and 
industrial use. Its other main business segment manufactures 
power tools for the industrial market and hand tools for the do-
it-yourself and commercial markets.
 
 
ASBESTOS LITIGATION: Cooper Records $180M Receivable at June 30
---------------------------------------------------------------
Cooper Industries, Ltd.'s asbestos receivable for recoveries of 
costs from insurers, as of June 30, 2009, amounted to US$180 
million, of which US$65.7 million relate to costs previously paid 
or insurance settlements.
 
As of March 31, 2009, the Company's asbestos receivable for 
recoveries of costs from insurers amounted to US$183.3 million, 
of which US$66.9 million related to costs previously paid or 
insurance settlements. (Class Action Reporter, May 15, 2009)
 
As of June 30, 2009, the Company, through Pneumo-Abex LLC, has 
access to Abex insurance policies with remaining limits on 
policies with solvent insurers in excess of US$700 million. 
Insurance recoveries reflected as receivables in the balance 
sheet include recoveries where insurance-in-place agreements, 
settlements or policy recoveries are probable.
 
The Company's arrangements with the insurance carriers defer 
certain amounts of insurance and settlement proceeds that the 
Company is entitled to receive beyond 12 months. About 90 percent 
of the US$180.0 million receivable from insurance companies at 
June 30, 2009 is due from domestic insurers whose AM Best rating 
is Excellent (A-) or better.
 
The remaining balance of the insurance receivable has been 
significantly discounted to reflect management's best estimate of 
the recoverable amount.
 
Houston-based Cooper Industries, Ltd.'s electrical products 
segment makes circuit protection equipment, as well as lighting 
fixtures, wiring devices, and other power management and 
distribution equipment for residential, commercial, and 
industrial use. Its other main business segment manufactures 
power tools for the industrial market and hand tools for the do-
it-yourself and commercial markets.
 
 
ASBESTOS LITIGATION: Standard Motor Faces 3,670 Cases at June 30
----------------------------------------------------------------
About 3,670 cases at June 30, 2009 were outstanding for which 
Standard Motor Products, Inc. was responsible for any related 
liabilities.
 
In 1986, the Company acquired a brake business, which it 
subsequently sold in March 1998 and which is accounted for as a 
discontinued operation. When it originally acquired this brake 
business, the Company assumed future liabilities relating to any 
alleged exposure to asbestos-containing products manufactured by 
the seller of the acquired brake business.
 
In accordance with the related purchase agreement, the Company 
agreed to assume the liabilities for all new claims filed on or 
after Sept. 1, 2001. The Company's ultimate exposure will depend 
upon the number of claims filed against it on or after Sept. 1, 
2001 and the amounts paid for indemnity and defense thereof.
 
Since inception in September 2001 through June 30, 2009, the 
amounts paid for settled claims are about US$8.1 million. In 
September 2007, the Company entered into an agreement with an 
insurance carrier to provide it with limited insurance coverage 
for the defense and indemnity costs associated with certain 
asbestos-related claims.
 
The Company has submitted various asbestos-related claims to the 
insurance carrier for coverage under this agreement, and the 
insurance carrier reimbursed the Company US$2.4 million for 
settlement claims and defense costs. The Company has submitted 
additional asbestos-related claims to the insurance carrier for 
coverage.
 
An incremental US$2.1 million provision in the Company's 
discontinued operation was added to the asbestos accrual in 
September 2008 increasing the reserve to US$25.3 million.
 
Long Island City, N.Y.-based Standard Motor Products, Inc. 
manufactures and distributes replacement parts for motor vehicles 
in the automotive aftermarket industry.
 
 
ASBESTOS LITIGATION: IDEX, 7 Units Facing Lawsuits in 33 States 
---------------------------------------------------------------
IDEX Corporation and seven of its subsidiaries face lawsuits 
claiming various asbestos-related personal injuries, allegedly as 
a result of exposure to products manufactured with components 
that contained asbestos. 
 
Claims have been filed in Alabama, Arizona, California, 
Connecticut, Delaware, Florida, Georgia, Illinois, Kentucky, 
Louisiana, Maryland, Massachusetts, Michigan, Minnesota, 
Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New 
Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode 
Island, South Carolina, Texas, Utah, Virginia, Washington, West 
Virginia and Wyoming.
 
Asbestos-containing components were acquired from third party 
suppliers, and were not manufactured by any of the subsidiaries. 
 
To date, most of the Company's settlements and legal costs, 
except for costs of coordination, administration, insurance 
investigation and a portion of defense costs, have been covered 
in full by insurance subject to applicable deductibles.
 
Most of the claims resolved to date have been dismissed without 
payment. The balance has been settled for various insignificant 
amounts. One case has been tried, resulting in a verdict for the 
Company's business unit.
 
Northbrook, Ill.-based IDEX Corporation is an applied solutions 
company specializing in fluid and metering technologies, health 
and science technologies, dispensing equipment, and fire, safety 
and other diversified products built to its customers' 
specifications.
 
 
ASBESTOS LITIGATION: Tenneco Still Subject to Exposure Lawsuits 
---------------------------------------------------------------
Tenneco Inc. continues to be subject to lawsuits initiated by 
claimants alleging health problems as a result of exposure to 
asbestos, according to the Company's quarterly report filed with 
the Securities and Exchange Commission on Aug. 6, 2009.
 
A small percentage of claims have been asserted by railroad 
workers alleging exposure to asbestos products in railroad cars 
manufactured by The Pullman Company, one of the Company's 
subsidiaries. Nearly all of the claims are related to alleged 
exposure to asbestos in the Company's automotive emission control 
products.
 
A small percentage of these claimants allege that they were 
automobile mechanics and a significant number appear to involve 
workers in other industries or otherwise do not include 
sufficient information to determine whether there is any basis 
for a claim against the Company.
 
The Company said it believes it is unlikely that mechanics were 
exposed to asbestos by its former muffler products and that, in 
any event, they would not be at increased risk of asbestos-
related disease based on their work with these products.
 
Further, many of these cases involve numerous defendants, with 
the number of each in some cases exceeding 100 defendants from a 
variety of industries. Additionally, the plaintiffs either do not 
specify any, or specify the jurisdictional minimum, dollar amount 
for damages.
 
As major asbestos manufacturers continue to go out of business or 
file for bankruptcy, the Company may experience an increased 
number of these claims.
 
To date, with respect to claims that have proceeded sufficiently 
through the judicial process, the Company has regularly achieved 
favorable resolution. During the first six months of 2009, 
dismissals were initiated on behalf of six plaintiffs and are in 
process.
 
The Company was dismissed from an additional 697 cases.
 
Lake Forest, Ill.-based Tenneco Inc. manufactures automotive 
emission control and ride control products and systems. The 
Company serves both original equipment (OE) vehicle designers and 
manufacturers and the repair and replacement markets, or 
aftermarket, through brands, including Monroe, Rancho, Clevite 
Elastomers and Fric Rottm ride control products and Walker, 
Fonostm, and Gillettm emission control products.
 
 
ASBESTOS LITIGATION: 26,219 Claims Pending v. Harsco at June 30
---------------------------------------------------------------
There are 26,219 pending asbestos personal injury claims filed 
against Harsco Corporation as of June 30, 2009, according to the 
Company's quarterly report filed with the Securities and Exchange 
Commission on Aug. 6, 2009.
 
As of March 31, 2009, the Company faced 26,282 pending asbestos 
personal injury claims filed against it. (Class Action Reporter, 
May 22, 2009)
 
The Company has been named as one of many defendants (about 90 or 
more in most cases) in legal actions alleging personal injury 
from exposure to airborne asbestos over the past several decades. 
In their suits, the plaintiffs have named as defendants many 
manufacturers, distributors and installers of numerous types of 
equipment or products that allegedly contained asbestos.
 
Any component within a Company product which may have contained 
asbestos would have been purchased from a supplier.
 
Most of the asbestos complaints pending against the Company have 
been filed in New York. Almost all of the New York complaints 
contain a standard claim for damages of US$20 million or US$25 
million against about 90 defendants, regardless of the individual 
plaintiff's alleged medical condition, and without specifically 
identifying any Company product as the source of plaintiff's 
asbestos exposure.
 
Of the pending cases, 25,683 were pending in the New York Supreme 
Court for New York County in New York State. The other claims, 
totaling 536, are filed in various counties in a number of state 
courts, and in certain Federal District Courts (including New 
York), and those complaints generally assert lesser amounts of 
damages than the New York State court cases or do not state any 
amount claimed.
 
As of June 30, 2009, the Company has obtained dismissal by 
stipulation or summary judgment prior to trial in 18,106 cases.
 
As of June 30, 2009, the Company has been listed as a defendant 
in 315 Active or In Extremis asbestos cases in New York County.  
The Court's Order has been challenged by plaintiffs.
 
Camp Hill, Pa.-based Harsco Corporation's metals segment offers 
metal reclamation, slag processing, scrap management, and other 
services for steel and nonferrous metals producers. This 
segment's units act as an on-site service partner at about 170 
locations in 35 countries.
 
 
ASBESTOS LITIGATION: Odyssey Has $342.5M Losses, LAE at June 30
---------------------------------------------------------------
Odyssey Re Holdings Corp.'s asbestos-related gross unpaid losses 
and loss adjustment expenses were US$342,482,000 during the three 
and six months ended June 30, 2009, compared with US$332,927,000 
during the three and six months ended June 30, 2008.
 
The Company's gross unpaid losses and LAE for asbestos claims 
were US$349,151,000 during the three months ended March 31, 2009, 
compared with US$326,243,000 during the three months ended March 
31, 2008. (Class Action Reporter, May 22, 2009)
 
The Company's asbestos-related net unpaid losses and LAE were 
US$220,335,000 during the three and six months ended June 30, 
2009, compared with US$209,688,000 during the three and six 
months ended June 30, 2008.
 
The Company's reserves for asbestos and environmental-related 
liabilities are from business written prior to 1986.
 
The Company did not incur net losses and loss adjustment expenses 
related to asbestos or environmental claims for the six months 
ended June 30, 2009. Net losses and loss adjustment expenses 
incurred for asbestos claims increased US$6 million for the six 
months ended June 30, 2008, due to loss emergence greater than 
expectations in the period.
 
The Company did not incur net losses and loss adjustment expenses 
related to asbestos or environmental claims for the three months 
ended June 30, 2009. Net losses and loss adjustment expenses 
incurred for asbestos claims increased US$2 million for the three 
months ended June 30, 2008, due to loss emergence greater than 
expectations in the period.
 
The Company's survival ratio for asbestos and environmental-
related liabilities as of June 30, 2009 is seven years.
 
Stamford, Conn.-based Odyssey Re Holdings Corp. is an underwriter 
of reinsurance, providing property and casualty products on a 
worldwide basis. The Company offers both treaty and facultative 
reinsurance to property and casualty insurers and reinsurers. It 
also writes insurance in the United States and through the 
Lloyd's marketplaces.
 
 
ASBESTOS LITIGATION: Digital Realty Cites $1.5Mil ARO at June 30
----------------------------------------------------------------
Digital Realty Trust, Inc. recorded asbestos retirement 
obligations of US$1.5 million as of June 30, 2009 and Dec. 31,
2008.
 
The equivalent asset is recorded at US$1.3 million as of June 30, 
2009 and Dec. 31, 2008, net of accumulated depreciation.
 
The amount of asset retirement obligations relates primarily to 
estimated asbestos removal costs at the end of the economic life 
of properties that were built before 1984.
 
San Francisco-based Digital Realty Trust, Inc. is a real estate 
investment trust (REIT) that owns data centers, Internet and data 
communications hubs, and technology office and manufacturing 
properties.
 
 
ASBESTOS LITIGATION: Ingersoll Units Still Face Injury Lawsuits 
---------------------------------------------------------------
Certain wholly owned subsidiaries of Ingersoll-Rand plc are still 
named as defendants in asbestos-related lawsuits in state and 
federal courts.
 
In virtually all of the suits, a large number of other companies 
have also been named as defendants.
 
The vast majority of those claims has been filed against either 
Ingersoll-Rand Company (IR-New Jersey) or Trane Inc. and 
generally allege injury caused by exposure to asbestos contained 
in certain historical products sold by IR-New Jersey or Trane, 
primarily pumps, boilers and railroad brake shoes.
 
Neither IR-New Jersey nor Trane was a producer or manufacturer of 
asbestos. However, some formerly manufactured products utilized 
asbestos-containing components such as gaskets and packings 
purchased from third-party suppliers.
 
Swords, Ireland-based Ingersoll-Rand plc is a diversified, global 
company that provides products, services and solutions to enhance 
the quality and comfort of air in homes and buildings, transport 
and protect food and perishables, secure homes and commercial 
properties, and increase industrial productivity and efficiency.
 
 
ASBESTOS LITIGATION: Ingersoll-Rand Records $1.159Bil Liability 
---------------------------------------------------------------
Ingersoll-Rand plc's liability for asbestos-related matters was 
US$1.159 billion at June 30, 2009, compared with US$1.195 billion 
at Dec. 31, 2008.
 
The Company's liability for asbestos related matters was US$1.179 
billion at March 31, 2009. (Class Action Reporter, June 5, 2009)
 
The Company's asset for probable asbestos-related insurance 
recoveries totaled US$405.4 million at June 30, 2009, compared 
with US$423.8 million at Dec. 31, 2008.
 
The Company recorded US$1.8 million as costs associated with the 
settlement and defense of asbestos-related claims after insurance 
recoveries for the three months ended June 30, 2009, compared 
with US$3.9 million for the three months ended June 30, 2008.
 
For the six months ended June 30, 2009, the Company recorded US$4 
million as costs associated with the settlement and defense of 
asbestos-related claims after insurance recoveries.
 
The Company records certain income and expenses associated with 
its asbestos liabilities and corresponding insurance recoveries 
within discontinued operations, as they relate to previously 
divested businesses, primarily Ingersoll-Dresser Pump, which was 
sold in 2000.
 
Income and expenses associated with subsidiary Trane Inc.'s 
asbestos liabilities and corresponding insurance recoveries are 
recorded within continuing operations.
 
Swords, Ireland-based Ingersoll-Rand plc is a diversified, global 
company that provides products, services and solutions to enhance 
the quality and comfort of air in homes and buildings, transport 
and protect food and perishables, secure homes and commercial 
properties, and increase industrial productivity and efficiency.
 
 
ASBESTOS LITIGATION: Interstate Records $1.2M Settled Liability 
---------------------------------------------------------------
Alliant Energy Corporation's subsidiary, Interstate Power and 
Light, in the first half of 2009, recorded liabilities settled of 
US$1.2 million due to expenditures for asbestos and lead 
remediation at its Sixth Street and Prairie Creek Generating 
Stations required as a result of the impacts of the severe 
Midwest flooding at these generating stations in June 2008.
 
No further asbestos matters were disclosed in the Company's 
quarterly report filed with the Securities and Exchange 
Commission on Aug. 6, 2009.
 
Madison, Wis.-based Alliant Energy Corporation is an investor-
owned public utility holding company whose primary subsidiaries 
are Interstate Power and Light Company, Wisconsin Power and Light 
Company, Resources and Corporate Services.
 
                            *********
 
A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the Class Action Reporter.  Submissions
via e-mail to carconf@beard.com are encouraged.
 
Each Friday's edition of the CAR includes a section featuring
news on asbestos-related litigation and profiles of target
asbestos defendants that, according to independent research,
collectively face billions of dollars in asbestos-related
liabilities.    
 
                            *********
 
S U B S C R I P T I O N   I N F O R M A T I O N
 
Class Action Reporter is a daily newsletter, co-published by
Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA.  Gracele D. Canilao, Leah Felisilda and Peter A. Chapman, 
Editors.
 
Copyright 2009.  All rights reserved.  ISSN 1525-2272.
 
This material is copyrighted and any commercial use, resale or 
publication in any form (including e-mail forwarding, electronic 
re-mailing and photocopying) is strictly prohibited without prior 
written permission of the publishers.
 
Information contained herein is obtained from sources believed to 
be reliable, but is not guaranteed.
 
The CAR subscription rate is $575 for six months delivered via e-
mail.  Additional e-mail subscriptions for members of the same 
firm for the term of the initial subscription or balance thereof 
are $25 each.  For subscription information, contact Christopher 
Beard at 240/629-3300.
 
                 * * *  End of Transmission  * * *