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Once one of the biggest U.S. paint companies, Kelly-Moore said "ever-continuing case filings" have cost it $600 million in settlements.
There was a rise in the number of homeowners who wanted to paint their own homes. Kelly-Moore maintained annual growth of 13 percent over the past decade. [4] In 1984, Kelly-Moore had a revenue of $136 million and a profit of almost $11 million, when Moore announced retirement. [4]
Rodda signed a deal with Devine Color in May 2013 in which Rodda would distribute Devine's zero-VOC paint line. [3] The merged operation operates under the Rodda name in the United States and under the Cloverdale name in Canada. The company bought five Kelly-Moore Paints branded stores in July 2014, to increase the number of stores to 53. [1]
In re Garlock Sealing Technologies, LLC is a court case heard in the United States District Court for the Western District of North Carolina which involves the entry into bankruptcy proceedings by Garlock Sealing Technologies, once a manufacturer of coated asbestos gaskets, as a result of potential liability from current and future settlements. [1]
The cancer victims sought a preliminary order in New Jersey on June 11 to preventing J&J from filing for bankruptcy outside the state, which would have effectively foiled the $6.48 billion ...
At the time he was retained as a $200-per-hour consultant by the bankruptcy trustee, Brokaw had lodged claims in the bankruptcy case alleging that he was owed more than $15,000 in unpaid wages as ...
In June 2014, the SEC launched an investigation into the timing of RPM's disclosure and accrual of loss reserves involving the GSA settlement. The company subsequently restated its results for the first, second and third quarters of fiscal 2013. The restatements had no impact on its audited results for the fiscal year ended May 31, 2013. [14]
Kelley Drye & Warren LLP is an international law firm founded in 1836 and is one of the oldest firms in the United States. It operates in New York; Washington; Los Angeles; Chicago; Stamford, Connecticut; Parsippany, New Jersey; Houston, Texas; and San Diego, California.