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Litigation

: Point of Law

BREAKING: WR Grace settles

By Ted Frank

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Plaintiffs asked for $6 billion; WR Grace said the asbestos claims were worth only $500 million because of extensive fraud. According to Bloomberg, the parties settle for "$1.8 billion," though this amount consists of in-the-money options and payments over 15...

Full post as published by Point of Law on April 07, 2008 (boomark / email).

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