Today’s post follows up on this August 13 post regarding asbestos plaintiff’s lawyers asking the Court to order the rest of the world not give any effect to whatever the Court finds on Grace’s solvency, and item 4 of this prior post of May 12 regarding Nobel prize winner James Heckman’s expert report in Grace

U.S. v. W.R. Grace trial started February 19 in Missoula MT. The WSJ Law Blog notes that the case seems to be flying under the radar without a lot of news coverage.

The WSJ Law Blog also provides a link to a great resource about the trial – the Grace Case blog, a joint project

“Mass tort” and Chapter 11 are words that have frequently been used together since Johns-Manville filed for bankruptcy back in 1982. Now, as of April 7, there has been a settlement in principle of many but not all of the asbestos issues remaining in the W.R. Grace asbestos bankruptcy. The “spinners” are all hard