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Home > "For Grace, a Long Road Out of Bankruptcy Court"

"For Grace, a Long Road Out of Bankruptcy Court" [1]

"Chemical maker W.R. Grace & Co. is about to go where it hasn't been for nearly 13 years: out of bankruptcy."



"The Chapter 11 case, one of the longest on record, got underway as the Columbia-based company faced more than 100,000 asbestos-related claims. Now, after negotiations, settlements and numerous appeals, Grace said it is finally on the brink of emerging from court protection — possibly as soon as Monday.

In between, Grace agreed to pay all creditors in full, acquired more than two dozen companies and pushed its stock from $1.52 a share to more than $90."

Jamie Smith Hopkins reports for the Baltimore Sun February 1, 2014. [2]

Economy & Business [3]
Pollution [4]
National (U.S.) [5]
Public [6]
Source: Baltimore Sun [2], 02/03/2014
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Source URL:https://www.sej.org/headlines/grace-long-road-out-bankruptcy-court

Links
[1] https://www.sej.org/headlines/grace-long-road-out-bankruptcy-court [2] http://www.baltimoresun.com/business/bs-bz-grace-bankruptcy-ending-20140202,0,209356.story [3] https://www.sej.org/category/topics-beat/business [4] https://www.sej.org/category/topics-beat/pollution [5] https://www.sej.org/category/region/national [6] https://www.sej.org/taxonomy/term/81