Saturday, March 10, 2007

Asbestos victims claim Asarco LLC owes $2.66 billion

Asbestos victims claim Asarco LLC owes $2.66 billion

By Steven Church
Bloomberg News

Tucson, Arizona | 10 Mar 2007

Tucson-based Asarco LLC owes asbestos victims as much as $2.66 billion, the victims' lawyers say.

The estimate, contained in a March 5 court filing, is disputed by Asarco, its parent company Asarco Inc. and general creditors.

Read the full report here @ AZStarNet

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