DANA HOLDING: Accrues $16M Environmental Liabilities at June 30

Dana Holding Corporation’s accrued environmental liabilities were US$16 million at June 30, 2009, compared with US$18 million at Dec. 31, 2008.

The Company considers the most probable method of remediation, current laws and regulations and existing technology in determining the fair…

DANA HOLDING: Records $18Mil in Accrued Liabilities at Dec. 31

Dana Holding Corporation’s accrued environmental liabilities at December 31, 2008 were US$18 million, compared to US$180 million at December 31, 2007.

The Company said that the reduction is attributable to the discharge of underlying environmental claims upon emergence. These discharged claims…

DANA HOLDING: Hamilton Site Accord Still Open for Public Comment

The mandatory public comment period for Dana Holding Corporation’s April 2008 tentative agreement with the U.S. Environmental Protection Agency and other federal agencies (collectively, the Government) involving the Hamilton site in New Jersey and other unresolved environmental claims is underway.

Among…

DANA HOLDING: Accrues $20M at 1Q08 for Environmental Matters

Dana Holding Corporation had accrued US$20 million in environmental liabilities at June 30, 2008, compared to US$180 million at Dec. 31, 2007.

The Company estimates these liabilities based on the most probable method of remediation, current laws and regulations and existing…