Canada Wants In On Asbestos Claims V. Grace

Law360, New York (April 10, 2008, 12:00 AM EDT) -- Canada's attorney general has objected to a motion filed by bankrupt W.R. Grace & Co. seeking a bar date for asbestos claims against it, on the grounds that the motion would allow only claims regarding property in the U.S.

W.R. Grace asked the U.S. Bankruptcy Court for the District of Delaware last month to set a date that would mark the last time claims could be filed related to the company's Zonolite attic insulation, which contains asbestos. The company argued that the deadline would facilitate resolution...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.