Mesothelioma & Asbestos News

After more than six years, a district court has approved Congoleum's reorganization plan, paving the way for the company to emerge from bankruptcy.

Garlock Sealing Technologies LLC, a global leader in fluid-sealing products and a wholly owned subsidiary of EnPro Industries, Inc. (NYSE: NPO), announced that it has taken a step toward a permanent resolution of asbestos-related personal injury claims against the company.

Nearly $2.6 million has been awarded nearly to the wife of a former Navy firefighter from Florida who died from asbestos-related cancer in 2008 by a Superior Court jury.

A deal worth a minimum of $60 million was reached by W.R. Grace & Co. to settle property damage claims that were filed by the owners of homes and businesses that used Zonolite attic and wall insulation.

The fight to keep the Dillerville rail yard away from their homes isn't being given up by some residents of Barrcrest and School Lane Hills.

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.

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.

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.

There is something positive offered to all sides in the huge settlement from litigation involving W. R. Grace & Co. and thousands of asbestos victims.

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.