W.R. Grace & Co. says that, as of June 30, 2011, following the reclassification, withdrawal or expungement of claims, about 430 asbestos-related Property Damage Claims subject to a March 31, 2003 bar date remain outstanding.
The plaintiffs in asbestos property damage…
W. R. Grace & Co. continues to face asbestos personal injury claims that allege adverse health effects from exposure to asbestos-containing products formerly manufactured by the Company.
Cumulatively through the April 2, 2001 Filing Date, 16,354 asbestos personal injury lawsuits involving…
W. R. Grace & Co.’s total estimated liability for asbestos remediation studies and other estimable matters related to its former vermiculite operations in Libby, Mont., as well as the cost of remediation at vermiculite processing sites outside of Libby, was…
W. R. Grace & Co. says that, as of June 30, 2011, there remains about US$970 million of asbestos-related excess coverage from 54 presently solvent insurers.
The Company estimates that eligible claims would have to exceed US$4 billion to access total…
W. R. Grace & Co.’s estimated liability for environmental investigative and remediation costs — non-asbestos and asbestos- related — totaled US$140.9 million at June 30, 2011, as compared with US$145.7 million at Dec. 31, 2010.
The amount is based on funding…
W. R. Grace & Co.’s net Chapter 11 and asbestos-related costs amounted to US$9 million during the three months ended June 30, 2011, compared with US$7.8 million during the three months ended June 30, 2010, according to a Company report,…
A motion regarding the bankruptcy case of W. R. Grace & Co. is scheduled for July 25, 2011, The Wall Street Journal reports.
Grace seeks bankruptcy-court permission to compete at an auction for a “highly confidential potential strategic transaction” as it…
W.R. Grace & Co. continues to face asbestos personal injury claims that allege adverse health effects from exposure to asbestos- containing products formerly manufactured by the Company.
Cumulatively through the April 2, 2001 bankruptcy Filing Date, about 16,354 asbestos personal injury…
W.R. Grace & Co.’s total estimated liability for asbestos remediation studies and other estimable matters related to its former vermiculite operations in Libby, Mont., was US$52.3 million at March 31, 2011 and US$52.7 million at Dec. 31, 2010.
The Company purchased…
W.R. Grace & Co.’s estimated liability for environmental investigative and remediation costs — non-asbestos and asbestos- related — totaled US$143.5 million at March 31, 2011, as compared with US$145.7 million at Dec. 31, 2010.
W.R. Grace & Co. supplies catalysts and…