W.R. Grace-Feds settle claims in bankruptcy case

Libby Montana News Archive

LibbyMt.com > News > December 2007 > W.R. Grace-Feds settle claims in bankruptcy case

W.R. Grace-Feds settle claims in bankruptcy case
December 20, 2007
In an article on Wednesday in the Houston Chronicle online, cron.com, W.R. Grace & Co. has reached a deal with federal regulators over environmental cleanup costs at 33 contaminated sites. Terms of the bankruptcy settlement, filed Wednesday in bankruptcy court in Wilmington, Delaware, grant the United States a general unsecured claim of $34 million in Grace's Chapter 11 case, and a top-level priority claim of $2.3 million. A portion of the settlement funds will also pay for costs of the probe by the Agency for Toxic Substances and Disease Registry at Grace's Libby vermiculite mining operation.

Click here for the rest of the article: Grace Makes Deal on Cleanup Costs (Houston Chronicle, cron.com)

LibbyMt.com > News > December 2007 > W.R. Grace-Feds settle claims in bankruptcy case

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