W. R. Grace & Co.’s total estimated liability for asbestos remediation related to its former vermiculite operations in Libby, Mont., including the cost of remediation at vermiculite processing sites outside of Libby, was US$52.2 million at Sept. 30, 2009 and…
The U.S. Environmental Protection Agency, on Sept. 30, 2009, is continuing its asbestos testing near W. R. Grace & Co.’s former Zonolite factory in Spokane, Wash., The Spokesman-Review reports.
During soil testing in June 2009, the EPA found low levels of…
W. R. Grace & Co. says that expenses related to its Chapter 11 proceedings, net of filing entity interest income, were US$8 million in the second quarter of 2009, compared with US$18 million in the second quarter 2008, according to…
U.S. Environmental Protection Agency crews are testing residential areas near W. R. Grace & Co.’s former insulation factory, Vermiculite Northwest, in Spokane, Wash., for asbestos, The Seattle Times reports.
The work was prompted by the recent declaration of Libby, Mont., as…
The U.S. Bankruptcy Court, District of Delaware, on April 14, 2009, disallowed and expunged 35 W. R. Grace & Co. asbestos claims by the applicable Canadian ultimate limitations periods.
Case No. 01-01139 is styled In re W. R. Grace & Co.,…
Charges are being dropped against O. Mario Favorito, a former W. R. Grace & Co. executive, in a Libby, Mont., asbestos trial, Montana’s News Station reports.
This happened one month after a Montana jury dropped the case against Mr. Favorito’s former…
Sealed Air Corporation, since the beginning of 2000, has been served with lawsuits alleging that, as a result of the Cryovac transaction, it is responsible for alleged asbestos liabilities of W. R. Grace & Co. and its subsidiaries, some of…
W. R. Grace & Co., as of March 31, 2009, recorded about US$923 million in remaining asbestos excess coverage from 53 presently solvent insurers.
The Company estimates that eligible claims would have to exceed US$4 billion to access total coverage.
The Company…
The New Jersey Department of Environmental Protection’s appeal to the U.S. Court of Appeals for the Third Circuit, in a case involving W. R. Grace & Co., was filed in April 2009.
In 2005, the NJDEP filed a lawsuit against the…
W. R. Grace & Co. says it is giving a check worth US$250,000 to St. John’s Lutheran Hospital in Libby, Mont., for the 10th consecutive year, the Billings Gazette reports.
The Company operated a Libby vermiculite mine, which closed in 1990,…