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The asbestos suit is still in litigation with the courts that much is true. As for the threat of bankrupcy the troubled division is out of business and has already declared bankrupcy. The asbestos issue is not directly tied to Grace as a whole. The problem is with a division (the bankrupt one) they acquired from a recent buy out of another company. Their financial strength is still there unless somebody knows something I am missing. If you do please let me know.
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