WR Grace lawyer says deal with asbestos creditors failed

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WR Grace lawyer says deal with asbestos creditors failed
2006-07-29
WILMINGTON, Del. - An attempt to broker a deal between W.R. Grace & Co. and its asbestos creditors failed, bankruptcy lawyers said Monday.David Bernick, lead bankruptcy lawyer for the specialty chemical company, said it had decided not to negotiate further when asbestos-claim lawyers offered nothing for shareholders. .
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