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W.R. Grace & Co. Reaches Tentative $2 Billion Settlement on Asbestos Claims

It was announced today that chemicals giant, W.R. Grace & Co., had reached a tentative $2 billion settlement on asbestos claims with a committee of asbestos personal injury claimants, a representative handling future claims and a committee of Grace stockholders. The settlement should clear the way for Grace to emerge from its bankruptcy reorganization case. The settlement will be a centerpiece of Grace’s reorganization plan, which must be approved by U.S. Bankruptcy Judge Judith Fitzgerald in Pittsburgh.

About the <span>Author</span>

About the Author

Tom D'Amore is the founder of D'Amore Law Group and a trial attorney with over 30 years of experience representing injured people and their families across the West Coast, securing more than $325 million in recoveries. He handles cases involving car accidents, trucking accidents, construction injuries, medical malpractice, and sexual abuse. Licensed in Oregon, Washington, and California, Tom is the only NBTA board-certified truck accident attorney in Oregon. He is a national Board of Governors member, past Executive Committee member, and past Budget and Audit Chair of the American Association for Justice, as well as past President of the Oregon Trial Lawyers Association and an Eagle member of the Washington State Association for Justice.
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