Bankruptcy Judge OKs W.R. Grace's $1.1B Settlement Of Final Reorganization Appeal

Bankruptcy Judge OKs W.R. Grace's $1.1B Settlement Of Final Reorganization Appeal

WILMINGTON, Del. - A Delaware federal bankruptcy judge on Jan. 17 approved a settlement agreement under which Chapter 11 debtor W.R. Grace & Co. will pay $1.1 billion to dozens of financial institutions and investment funds that are the only remaining objectors to Grace's plan of reorganization (In re: W.R. Grace & Co., et al., No. 01-01139, D. Del. Bkcy.).

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