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Bankruptcy deal may help Libby victims - Daily Inter Lake: News

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Bankruptcy deal may help Libby victims

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Posted: Tuesday, January 31, 2012 10:05 pm

Libby asbestos victims got some long-awaited good news on Tuesday with the announcement of a proposed $19.5 million settlement of bankruptcy court litigation between W.R. Grace & Co. and those sickened by exposure from Grace’s former vermiculite plant near Libby.

The legal wrangling has dragged on since Grace, bogged down by asbestos-related claims, filed for Chapter 11 bankruptcy in April 2001.

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