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W. R. Grace Agrees to Pay $250 Million in Montana Asbestos Suit. Jury awards $20 million to SF couple in asbestos case

March 12, 2008 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

This week, the Environmental Protection Agency announced a record settlement with W.R. Grace and Co. for the cleanup of asbestos materials in the town of Libby, Mont.

The company will pay $250 million toward the massive cleanup effort that has been under way for years as part of the Superfund program.

Hundreds of residents in the town, which used to mine vermiculite, have been sickened and killed by asbestos-related diseases.

Listen Now http://www.npr.org/templates/story/story.php?storyId=88154006&ft=1&f=1006

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Jury awards $20 million to SF couple in asbestos case

A San Francisco jury has awarded $20 million to a couple who was exposed to asbestos by construction materials sold by Atlanta-based Georgia Pacific Corp.

Joan and Daniel Mahoney filed the suit in 2006, after 69-year-old Joan developed a form of lung cancer, mesothelioma, commonly associated with asbestos exposure.

Georgia Pacific is responsible for paying 30 percent of the verdict, more than any other defendant, because the jury found that a joint compound sold by the company contained the harmful asbestos dust.

Full Story: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2008/03/12/financial/f125508D71.DTL&hw=asbestos&sn=002&sc=697