Owens-Illinois, Honeywell To Fight $90M Asbestos Loss

Law360, New York (March 14, 2011, 7:33 PM ET) -- Owens-Illinois Inc. and Honeywell International Inc. are planning to appeal an Illinois jury's decision to award a local man nearly $90 million in a suit accusing them and two others of participating in a conspiracy to conceal potential asbestos exposure risks.

Owens-Illinois vehemently denies these conspiracy claims and is prepared to take its opposition of the jury verdict handed down Friday in McLean County Circuit Court — which assessed $40 million in punitive damages and additional compensatory damages against Owens-Illinois — to the state's appellate courts,...
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