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Violation Tracker Individual Record

Company: W.R. Grace & Co.
Current Parent CompanyStandard Industries Inc.
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Penalty: $60,000,000
Year: 2008
Date: November 24, 2008
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: While in bankruptcy, W.R. Grace agreed to pay $60 million and potentially $80 million more to settle suits brought by homeowners alleging they may have been exposed to asbestos fibers from the company's Zonolite insulation.
Level of Government: federal
Action Type: private litigation
Court: District of Delaware Bankruptcy Court
Civil or Criminal Case: civil
Case ID: 01-01139
Case Name: In re: W.R. Grace & Co.
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: building materials
Specific Industry of Current Parent: building materials
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.