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District court: W.R. Grace Chapter 11 plan 'confirmed in its entirety'
By Caroline Salls
Pittsburgh, June 12 - W.R. Grace & Co.'s plan of reorganization has been "confirmed in its entirety" by the U.S. District Court for the District of Delaware, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Delaware.
The court also approved a settlement agreement between Grace and CNA companies Continental Casualty Co. and Continental Insurance Co. and overruled all objections to the plan and settlement.
W.R. Grace, a Columbia, Md.-based specialty chemicals company, filed for bankruptcy on April 2, 2001. Its Chapter 11 case number is 01-01139.
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