Case Result

$3B

Asbestos Claims Settlement

2008
New York, NY

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Case Details

W.R. Grace & Co. reaches an agreement with asbestos claimants to create a trust fund to pay current and future asbestos claims.

Additional Notes

Payments from Grace totaling $1.8 billion over 15 years, plus warrants and earlier settlements totaling $1.2 billion, and rights to $917 million in liability insurance. Agreement in principle announced.

New York, NY
4.55 rating (33 reviews)
15 attorneys
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