The Legal Examiner Mark The Legal Examiner Mark The Legal Examiner Mark search twitter facebook feed linkedin instagram google-plus avvo phone envelope checkmark mail-reply spinner error close
Skip to main content

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

Comments are closed.

Of Interest