W.R. Grace Trust Paid $353 Million To Injured Claimants In 2015
(May 25, 2016, 9:08 AM EDT) -- WILMINGTON, Del. — The W.R. Grace & Co. Asbestos Personal Injury Trust paid 3,698 prebankruptcy petition liquidated asbestos personal injury claims and 47,379 unliquidated claims in 2015, with payments for both kinds of claims totaling $353 million for the year, according to the trust’s annual report filed April 29 in Delaware federal bankruptcy court (In re: W.R. Grace & Co., et al., No. 01-01139, D. Del. Bkcy.).
(Asbestos personal injury trust annual report available. Document #48-160527-021X.)
In contrast, W.R. Grace’s asbestos property damage trust paid no...