Mesothelioma & Asbestos News
Congoleum Chapter 11 Exit Plan Irks Insurers
Congoleum Corporation has been battling insurance companies for years in bankruptcy court and the company's plan to exit Chapter 11 protection is being met with objection by insurers.
Asbestos Settlement for W.R. Grace Wins Approval
An agreement for W.R. Grace to reimburse the federal government $250 million for investigating and cleaning up asbestos contamination in a Montana town was recently approved by a federal bankruptcy judge.
Foster Wheeler has the Highest Number of Open Asbestos Claims
A study conducted by the Lloyd's Asbestos Litigation Reporter indicates that Foster Wheeler Ltd. remains the company with the highest number of open asbestos claims.
Federal-Mogul Corp. is Back on Track
Southfield-based Federal-Mogul Corporation, finally free from the shackles of bankruptcy, is now flush with cash, has a new owner, $3.5 billion in borrowing availability, and is looking to make acquisitions.
W.R. Grace Reaches Settlement on Asbestos Claims
W.R. Grace & Co., former asbestos producer, is hopeful about emerging from bankruptcy protection by early next year after reaching an agreement with asbestos claimants that could cover personal injury claims for up to $3 billion.
Doctor Dispenses Hope to Patients
Patients who have been exposed to asbestos come from across the country for a diagnosis from this national expert.
Shades of 9/11: The Weakness beneath NYC's Surface
Tamara Olympia was in the process of printing out a 150-page report when the lights flickered. "I thought there were Con Ed issues," she said of the utility company that inflicts such summer courtesies and worse upon its customers. "Then the floor started to vibrate"...
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He was the toughest guy who ever played
Frank Vaccarelli was known as a man who didn't like to lose, and Vaccarelli won his last battle. Mesothelioma, the demon, took one of his lungs, but it didn't take his life.
The US Gypsum Company Establishes an Asbestos Settlement Trust
The United States Gypsum Corporation Settlement Trust is now accepting claims for individuals that have been diagnosed with mesothelioma as a result of exposure to asbestos. Early, Lucarelli, Sweeney & Meisenkothen is currently filing claims with the trust on behalf of claimants.
Bankruptcy Court Issues Opinion on Congoleum Reorganization Plan
Congoleum Corporation (AMEX:CGM) reported today that the judge overseeing its reorganization has issued a ruling on motions filed by insurers seeking to prevent confirmation of its most recent reorganization plan.
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