10192017Headline:

Bergen County, New Jersey

HomeNew JerseyBergen County

Email Donald A. Caminiti Donald A. Caminiti on LinkedIn Donald A. Caminiti on Twitter Donald A. Caminiti on Facebook
Donald A. Caminiti
Donald A. Caminiti
Contributor •

Asbestos Injuries

Comments Off

Thousands of people who claim they were injured by asbestos in products made by W.R. Grace & Co. could receive a combined $3 billion under a proposed settlement, the company announced yesterday. The settlement would create a trust fund composed of cash, future payments and 10 million stock warrants to cover current and future asbestos claims. W.R. Grace, a diversified chemical company, has been embroiled in scores of asbestos claims and one of the most complex reorganization efforts in history since filing for bankruptcy protection in 2001