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SECURITY HOMESTEAD ASS'N v. W.R. GRACE & CO.

Civ. A. No. 88-5165.

743 F.Supp. 456 (1990)

SECURITY HOMESTEAD ASSOCIATION v. W.R. GRACE & CO.

United States District Court, E.D. Louisiana.

August 14, 1990.

Attorney(s) appearing for the Case

Louise Ferrand Hemard, Security Homestead Ass'n, New Orleans, La., C. Alan Runyan, William Jordan, David C. Eckstrom, Speights & Runyan, Hampton, S.C., Fredericka Homberg Wicker, New Orleans, La., for plaintiff.

John J. Weigel, Jones, Walker, Waechter, Poitevent, Cattere & Denegre, New Orleans, La., for defendant.

ORDER AND REASONS

CHARLES SCHWARTZ, Jr., District Judge.

This diversity litigation arises from the presence of asbestos in fireproofing materials ("Monokote-3") applied in the construction of plaintiff's 10-story office tower at 4900 Veterans Boulevard, Metarie, Louisiana during the period 1970-1971. Security first discovered the presence of asbestos in its fireproofing materials in October 1986 and initiated this suit in November 1988 under Louisiana'a...

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