Asbestos Personal Injury Claimants File a Competing Plan of Reorganization in Grace Chapter 11 Proceeding

COLUMBIA, Md.–LAWFUEL – US Legal Announcements – W. R. Grace & Co. (NYSE:GRA) today disclosed that a proposed Plan of Reorganization was filed the evening of November 5, 2007 jointly by the Official Committee of Asbestos Personal Injury Claimants and David T. Austern, the Court appointed representative of Future Personal Injury Claimants in Grace’s Chapter 11 proceeding. Grace, the Official Committee of General Unsecured Creditors and the Official Committee of Equity Holders filed, as co-proponents, a proposed Plan of Reorganization in January 2005. Both plans can be obtained through the Delaware Bankruptcy Court at

Grace is a leading global supplier of catalysts and other products to petroleum refiners; catalysts for the manufacture of plastics; silica-based engineered and specialty materials for a wide-range of industrial applications; specialty chemicals, additives and building materials for commercial and residential construction; and sealants and coatings for food and beverage packaging. With annual sales of more than $2.8 billion, Grace has about 6,500 employees and operations in over 40 countries. For more information, visit Grace’s web site at

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