Monday, May 11, 2009

Asbestos HUB

Asbestos HUB

W.R. Grace Trial Twist

Posted: 10 May 2009 07:23 PM PDT

W.R. Grace & Co. and three former executives were acquitted on charges that they knowingly let residents of Libby, Montana be exposed to asbestos mined there. 

During the course of the trial, which began in February, charges against two additional former executives were dropped.

The company filed for bankruptcy in 2001 after a slew of lawsuits by people who fell ill after being exposed to asbestos mined at the W.R. Grace facility in Libby, Montana. 

The company has filed plans to emerge from bankruptcy protection later this year.

The government had said Libby residents die from asbestosis, an asbestos-related disease, at 40 to 80 times the normal rate.

So it appears to be business as usual for W.R. Grace.
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)