September 26, 2024
Chemical manufacturer W.R. Grace is seeking to put an end to its 2001 asbestos-driven bankruptcy case in a legal landscape that may mean courts will never see an asbestos bankruptcy of this length and complexity again.
September 18, 2024
The reorganized W.R. Grace & Co. has asked a Delaware bankruptcy judge to sign a final decree closing the last Chapter 11 case in the chemical company's asbestos liability reorganization proceedings, saying there are no matters left for the debtor to administer more than 23 years after declaring bankruptcy.
September 26, 2023
The Office of the U.S. Trustee owes reorganized chemical company W.R. Grace & Co. and an affiliate roughly $2.6 million in increased fees in light of the U.S. Supreme Court ruling the fee hike unconstitutional, the companies told a Delaware bankruptcy judge.
October 23, 2017
Reorganized debtor W.R. Grace & Co. will have its tax refund for the 1998 tax year increased by $1.6 million after a Delaware bankruptcy judge ruled Monday that its obligations should have been calculated using an interest rate included in its confirmed Chapter 11 plan and not by the operative tax laws for the intervening years.
October 18, 2016
Two former W.R. Grace & Co. employees won a bankruptcy court's qualified clearance Monday to move ahead with Montana workers' compensation asbestos injury suits against the company's insurer, despite an injunction directing most asbestos claims to a court-created trust.
October 14, 2016
A Honeywell International Inc. attorney argued Friday that the public's broad right to court documents justifies the release of now-restricted Delaware bankruptcy exhibits identifying thousands of asbestos injury claimants in Chapter 11 cases of companies it had supplied, regardless of the records' later uses.
August 25, 2016
A Delaware bankruptcy judge on Thursday denied an attempt by Anderson Memorial Hospital to revive a proposed class action against reorganized mining and material company W.R. Grace & Co. for alleged property damage from asbestos-laced material and ordered the parties into mediation.
April 22, 2016
Reorganized mining and material company W.R. Grace and Co. asked a Delaware bankruptcy judge Thursday to toss a $1.9 million asbestos damage claim by a logging company near its closed Montana mine because the claim came more than seven years after the bar date.
October 22, 2014
Two former W.R. Grace & Co. employees asked a Delaware bankruptcy judge on Tuesday for reassurance that their planned lawsuit against Maryland Casualty Co. won't run afoul of the company's confirmed bankruptcy plan, saying the injunction barring asbestos-related suits against Grace and others doesn't apply to their claims against the insurer.
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.