PFIZER INC: King Subject to Probe at Bristol Manufacturing Site

Pfizer Inc.’s King Pharmaceuticals, Inc.’s subsidiary, in February 2011, received notice from the U.S. Department of Justice advising that the U.S. Environmental Protection Agency has requested that DOJ initiate enforcement action seeking injunctive relief and penalties against King for alleged…

COVIDIEN PLC: Incurs $191M Envt’l. Remediation Costs at Dec. 24

Covidien Public Limited Company, as of Dec. 24, 2010, concluded that the best estimate for environmental remedial costs was US$191 million, of which US$20 million was included in accrued and other current liabilities and US$171 million was included in other…

COVIDIEN PLC: Records $97M - $165M for Cleanup at Orrington Site

Covidien Public Limited Company, as of Dec. 24, 2010, estimates that the cost to comply with proposed remediation alternatives at a site in Orrington, Maine, ranges from US$97 million to US$165 million.

Mallinckrodt LLC, a subsidiary of the Company, owned and…

COVIDIEN PLC: Posts $79M Asset Retirement Obligations at Dec. 31

Covidien Public Limited Company’s asset retirement obligations were US$79 million as of both Dec. 24, 2010 and Sept. 24, 2010.

The Company has recorded AROs for the estimated future costs primarily associated with legal obligations to decommission two facilities within the…

COVIDIEN PLC: Records $79Mil Retirement Obligations at Sept. 24

Covidien Public Limited Company’s asset retirement obligations were US$79 million as of Sept. 24, 2010 and US$109 million as of Sept. 25, 2009.

The Company has recorded AROs for the estimated future costs primarily associated with legal obligations to decommission two…

COVIDIEN PLC: Cleanup at Maine Site Estimated at $98MM to $165MM

Covidien Public Limited Company, as of Sept. 24, 2010, estimates that the cost to comply with proposed remediation alternatives at a site in Orrington, Maine, ranges from US$98 million to US$165 million.

Mallinckrodt LLC, a subsidiary of the Company, owned and…

COVIDIEN PLC: Still Estimates $95M - $197M For Orrington Cleanup

Covidien Public Limited Company, as of March 26, 2010, estimates that the cost to comply with proposed remediation alternatives at a site in Orrington, Maine, ranges from about US$95 million to US$197 million, with the high end of the range…

COVIDIEN PLC: Records $109Mil Retirement Obligation at March 26

Covidien Public Limited Company’s asset retirement obligations (AROs) were US$109 million as of March 26, 2010 and US$111 million as of Sept. 25, 2009.

The Company recorded AROs for the estimated future costs primarily associated with obligations to decommission two facilities…

COVIDIEN PLC: Records $198Mil at March 26 for Remediation Costs

Covidien Public Limited Company, as of March 26, 2010, concluded that the best estimate for environmental remediation costs was US$198 million, of which US$20 million was included in accrued and other current liabilities and US$178 million was included in other…

COVIDIEN LTD: Cites $139MM for Remedial Cleanup Cost at March 27

Covidien Ltd., as of March 27, 2009, recorded US$139 million as the best estimate for environmental remediation costs, of which US$11 million was include in accrued and other current liabilities and US$128 million was included in other liabilities on the…

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