Maker of Rust-Oleum Paints to Fund Trust for Asbestos Victims
Money will help resolve mesothelioma, and other asbestos claims against the company’s bankrupt subsidiaries.
Money will help resolve mesothelioma, and other asbestos claims against the company’s bankrupt subsidiaries.
Creditors say the asbestos liability may be 10 times GM’s $648 million estimate
Having resolved nearly 1 million claims—and paid $1.4 billion—company hopes to create fund to compensate remaining asbestos exposure victims.