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.).