October 14, 2014
Bilzin Sumberg Baena Price & Axelrod LLP and reorganized debtor W.R. Grace & Co. reached a deal Tuesday that will see W.R. Grace pay the law firm an additional $300,000 in fees for litigating avoidance actions on behalf of the chemical giant during its asbestos-laden bankruptcy.
September 05, 2014
A Delaware bankruptcy judge has denied Lukis & Annis PS a bigger slice of $16 million in attorneys' fees from an asbestos class action against reorganized chemical giant W.R. Grace & Co., relying on the expert opinion of a recently retired colleague.
February 05, 2014
Freshly reorganized after more than a decade under court protection, W.R. Grace & Co. has paid more than $63 million to the federal government under its bankruptcy plan to fund environmental cleanup efforts at dozens of sites across the country, the U.S. Department of Justice said Wednesday.
January 29, 2014
A Delaware federal judge on Tuesday approved $1.55 billion financing package designed to the fund the chemical and materials manufacturer W.R. Grace & Co. as it prepares to emerge from nearly 13 years under court protection.
January 08, 2014
W.R. Grace & Co. asked a Delaware bankruptcy judge Tuesday to sign off on a $1.55 billion financing package designed to the fund the chemical and material manufacturer as it prepares to emerge from nearly 13 years under court protection.
October 16, 2012
W.R. Grace & Co. on Friday asked a Delaware bankruptcy court to approve a settlement with Dairyland Insurance Co. in which the insurer will pay $2 million into a trust to help cover pending asbestos-related claims against W.R. Grace and resolve a dispute over liability coverage.
June 12, 2012
A federal judge on Monday set aside a remaining objection to W.R. Grace & Co.'s joint reorganization plan and its $84 million settlement with insurers over asbestos claims, reaffirming its approval of both five months after having signed off on them in January.
June 06, 2012
A Delaware bankruptcy judge signed off Wednesday on an asbestos settlement between W.R. Grace & Co. and a group of Montana claimants, allowing the company to transfer $19.5 million into a trust and thereby end its relationship with a medical program.
April 17, 2012
W.R. Grace & Co. told a Delaware bankruptcy court last Tuesday it had reached a $2.2 million settlement with the U.S. for the costs of cleaning up its asbestos-contaminated former facility in Texas, resolving the government's environmental claim against the company in its bankruptcy proceedings.
February 14, 2012
A W.R. Grace & Co. affiliate and other companies have reached a $21 million settlement with the U.S. government over contamination at a Cape Cod military installation that's now a Superfund site, Grace said Monday in a filing in its Chapter 11 case.