Calif.'s $130M Asbestos Suit Against WR Grace Nixed

Law360, New York (October 13, 2008, 12:00 AM EDT) -- The state of California’s building management department will not be able recover $130 million in asbestos damages from materials company W.R. Grace & Co. because the claims are time-barred, a judge has ruled.

In an opinion issued Friday in Grace's Chapter 11 bankruptcy, Judge Judith K. Fitzgerald said the claims were essentially the same as damages sought in a failed 1989 suit, dating the claims beyond a three-year window which plaintiffs have to file such suits.

In the 1989 suit, 29 states requested the U.S. Supreme...
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