ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, April 4, 1990                   TAG: 9004040352
SECTION: VIRGINIA                    PAGE: B3   EDITION: METRO 
SOURCE: 
DATELINE: RICHMOND                                LENGTH: Short


FUND PAYS SOME COSTS OF ASBESTOS

The state has received $764,155 from Johns-Manville Corp. for the removal of asbestos from state college and office buildings, Attorney General Mary Sue Terry said Tuesday.

The payment came from a trust fund established by Johns-Manville and approved by a federal bankruptcy court in 1988. The White Plains, N.Y.-based company, the nation's largest producer of asbestos products, sought protection from creditors under Chapter 11 of the federal bankruptcy law in 1982.

The attorney general's office and attorneys for other creditors spent several years working out the plan for payment of claims.

Terry said her office will seek more money from the trust.

- Associated Press



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