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Nanotech: Big worry in a small package? (asbestos cancer lawsuits)

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By MICHELLE R.

SMITH Associated Press writerJanuary 2, 2006PROVIDENCE, R.I.

- Those stain-resistant khakis you just picked up at the mall, the tennis ball that holds its bounce longer and sunscreen that's clear instead of white have something in common: nanotechnology.

Scientists manipulating matter at the molecular level have improved on hundreds of everyday prod...

Owens Corning Files New Bankruptcy Plan to Pay Asbestos Claims (asbestos cancer lawsuits)

... Bloomberg.com: Top Worldwide Updated: New York: Jan 01 18:00London: Jan 01 23:00Tokyo: Jan 02 08:00 US AUBZFPGRHKIMJPLNSMIND : Top Worldwide Top Worldwide Regions Markets Economy/Politics Commentary Sports Culture Bloomberg RSS RESOURCES: Bloomberg TV Bloomberg Radio Markets Top Worldwide E-Mail This Story Printer-Friendly Format Russia's Gazprom Shuts Off Natural Gas Supply to Ukraine in Price Dispute E.ON, Gaz de France Say Natural Gas Will Keep Flowing to Western Europe U.S.

Employers Added 200,000 Jobs in December, Economic Report May Show Owens Corning Files New Bankruptcy Plan to Pay Asbestos Claims Jan.

1 (Bloomberg) - Owens Corning, the largest U.S.

insulation maker, filed a new bankruptcy reorganization plan aimed at wiping out the company's estimated $10.2 billion in asbestos liabilities.

The plan, filed yesterday in U.S.

Bankruptcy Court in Wilmington, Delaware, offers those claiming Owens Corning's asbestos-laden products injured them cash and stock in the reorganized company in exchange for their claims.

Owens Corning sought Chapter 11 protection in October 2000 after being swamped by asbestos lawsuits.

``This plan may be the final road map for resolving all the mega-asbestos bankruptcies being heard in Delaware,'' said Charles Tatelbaum, a lawyer with Ft.

Lauderdale, Florida's Adorno & Yoss.

Tatelbaum, a former vice president of research for the American Bankruptcy Institute, has represented creditors in asbe...

A year's worth of front-page news from The Enterprise (asbestos cancer lawsuits)

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