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Honeywell To Pay $1.3B To End Asbestos Exposure Claims

Law 360

Honeywell International Inc. the company said in a U.S. has reached an agreement to pay more than $1.3 billion to end claims of asbestos exposure in the Chapter 11 case of its former subsidiary North American Refractories Co., Securities and Exchange Commission filing Friday.

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Honeywell Hit With $185M Suit Over Private Jet Repair Delays

Law 360

A luxury private jet company accused Honeywell International Inc. on Wednesday of backtracking on promises it made under a jet engine repair contract, claiming in New York state court that the delays have caused more than $185 million in damages.

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Two Mandamus Petitions: Transfer Granted, Improper Service Denied

Patently O

In the first case, In re Honeywell Int’l Inc., Honeywell was sued for patent infringement in the Western District of Texas. Honeywell International Inc., Honeywell moved to transfer the case to the Western District of North Carolina under 28 U.S.C. can be utilized for companies. Docket No.

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8th Circ. Clears Honeywell Of 401(k) Row But Not Ex-Husband

Law 360

The Eighth Circuit on Monday upheld a lower court's ruling that Honeywell International Inc. didn't breach its fiduciary duty under federal benefits laws by failing to remove a female employee's ex-husband as a beneficiary to her retirement plan, holding the company correctly followed plan documents in distributing the funds.

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What Do the Latest Conglomerate Breakups Mean for Luxury Giants?

The Fashion Law

Analysts have speculated about a potential breakup [for GE] since at least 2002, when another industrial conglomerate, Tyco International, announced that it was splitting up,” Bloomberg’s Brooke Sutherland wrote recently. or Honeywell International Inc., The news is not exactly unprecedented – or unexpected.