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December 1, 2008 11:29:16 AM CST


asbestos

asbestos news stories

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 WR Grace Makes 
 Deal to Settle 
 Asbestos Claims  

Chemical company hopes to leave bankruptcy by year's end

(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 and future lawsuits. "In the final analysis, nothing will really compensate for people who lose their husbands or wives," said a lawyer for the claimants. More »

More about:  cancer bankruptcy civil lawsuits class action asbestos

Supreme Court Denies Tobacco Industry Appeal

Justices won't intervene in W. Va. case involving hundreds of lawsuits

(Newser) - The Supreme Court today handed the tobacco industry a setback, rejecting without comment an appeal contending that West Virginia’s two-tiered system of consolidating cases is unconstitutional. In their appeal, industry lawyers called the process “deeply and fundamentally flawed,” the Wall Street Journal reports, but the plaintiffs' lawyers argued that hearing the cases individually would take "at least 180 judge years." More »

More about:  lawsuit US Supreme Court smoking class action tobacco companies asbestos

No Asbestos in Air After NY Blast

Traces of carcinogen found in dirt and debris; not a health hazard, say officials

(Newser) - No asbestos was found in the air today after a steam pipe explosion that led to one death and injured more than 30 in midtown Manhattan yesterday. The carcinogen has turned up in dirt and debris in and near the area, but officials say damage to long-term health is very unlikely given the brief exposure, reports the New York Times . More »

More about:  New York City Manhattan explosion carcinogens Grand Central Station asbestos steam

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