WR Grace Shows Its Reorganization Cards

Law360, New York (March 2, 2009, 12:00 AM EST) -- Hoping to finally depart Chapter 11, chemical maker W.R. Grace & Co. has filed the disclosure statement for its first amended joint plan of reorganization, summarizing the various settlements reached with asbestos claimants and the U.S. Environmental Protection Agency in addition to setting a course for the future.

On Monday, the company revealed the disclosure statement for the revised reorganization plan in a 10-K filing made with the U.S. Securities & Exchange Commission, publicly sharing the details of its long and winding path toward a bankruptcy...
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