Bankruptcy Judge: WR Grace Must Pay $250 million for Asbestos Contamination
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A federal bankruptcy judge has approved an agreement for W.R. Grace to reimburse the federal government $250 million for the investigation and cleanup of asbestos contamination in Libby, Montana, according to the Washington Post on June 2, 2008.
The agreement settles a bankruptcy claim brought by the government to recover money for the past and future clean up of contaminated schools, homes and businesses.
The contamination has been blamed for sickening hundreds of people, some of whom have died.
Sadly, such situations are all too familiar to the attorneys in the Weitz & Luxenberg P.C. Asbestos Litigation unit.
We are a leading plaintiffs' law firm that has represented people affected by mesothelioma for over 20 years. Men and women diagnosed with mesothelioma or lung cancer caused by asbestos exposure may be entitled to compensation from the companies responsible for their disease.
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