Calif.'s $130M WR Grace Asbestos Case Revived

Law360, New York (October 1, 2009, 4:19 PM EDT) -- A federal judge has overturned a ruling by a bankruptcy court that barred the state of California’s building management department from recovering $130 million in asbestos damages from bankrupt materials company W.R. Grace & Co., on the basis of the statute of limitations.

Judge Ronald L. Buckwalter of the U.S. District Court for the District of Delaware ruled Monday that Judge Judith K. Fitzgerald of the U.S. Bankruptcy Court for the District of Delaware erred in October 2008 when she found that the claims against W.R....
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