Dana Corp agrees to asbestos settlement

Oct 30, ’07 10:07 AM
Author Categories Asbestos hazards

The Associated Press reports that Chapter 11 embattled Dana Corp has filed papers in bankruptcy court. They are setting aside $2 million for asbestos claims resolution without litigation. Dana has received 150,000 claims of which 7 percent allege mesothelioma or another form of cancer.

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