Judge Refuses Interlocutory Appeal of Ruling in W.R. Grace Fraudulent Transfer Case

WILMINGTON, Del. - A federal bankruptcy judge has denied a request for interlocutory appeal of a decision to allow asbestos claims filed against W.R. Grace after it transferred the assets of one of its more profitable divisions to the Sealed Air Corp. to be considered in a determination of whether the company was insolvent when the transfer occurred. In Re: W.R. Grace & Co., et al., No. 02-2210 (D. Del. Bankr.)

Judge Alfred M. Wolin issued the order Aug. 13, two weeks after rejecting an argument by W.R. Grace that the claims asserted against the company after it sold its …