W.R. Grace & Co. Reaches Tentative $2 Billion Settlement on Asbestos Claims

It was announced today that chemicals giant, W.R. Grace & Co., had reached a tentative $2 billion settlement on asbestos claims with a committee of asbestos personal injury claimants, a representative handling future claims and a committee of Grace stockholders. The settlement should clear the way for Grace to emerge from its bankruptcy reorganization case.… Learn More »

Design Flaw Caused Minnesota Bridge to Collapse

The media reported on Tuesday that investigators from the National Transportation Safety Board (“NTSB”) have concluded that a design flaw caused last summer’s collapse of a bridge in Minnesota, and that such flaw would not have been discovered during routine state inspections. The nature of the flaw related to steel structures known as gusset plates… Learn More »