Mesothelioma & Asbestos Awareness

The home and business owners who filed suit insulated their property with Zonolite, a type of insulation that contained vermiculite asbestos. Exposure to asbestos is the only confirmed caused of mesothelioma, a fatal type of cancer.
The settlement deal would reportedly pay each home and business owner 55% of the damages they requested in their initial lawsuit. The Securities and Exchange Commission stated that no one seeking damages will receive more than $4, 125 in compensation.
W.R. Grace is required to deposit $30 million into a twenty-year trust fund in the first year, adding $30 million in the third year. Following the fifth year, Grace will deposit $8 million each year if the funds fall below $10 million. The trust will be used to pay damages to those who have filed lawsuits against the now-defunct corporation.