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
The NYT article is here.
The prosecution never should have happened – it will be fascinating to watch its dissection.
The article is here.
“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…