WR Grace

(Newser) - The Environmental Protection Agency has declared a “public health emergency” in a Montana town where 200 people have died from asbestos poisoning, CNN reports. For 10 years the EPA has been involved in a cleanup of Libby, contaminated by castoff from a nearby vermiculite mine and insulation plant. The...

(Newser) - Chemical company WR Grace cleared a major hurdle in its 7-year effort to emerge from bankruptcy yesterday, agreeing to pay more than $3 billion to settle asbestos-related personal injury lawsuits, reports the Baltimore Sun. The deal, which a bankruptcy judge must approve, would establish a trust fund to settle current...