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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.