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From Times Staff and Wire Reports

Judge Approves Manville Asbestos Plan: U.S. District Judge Jack Weinstein of Brooklyn OKd a second attempt to save the cash-strapped Manville trust, approving a plan under which more than 100,000 claimants will initially get 10 cents on the dollar for asbestos-related injuries. Weinstein said in a 222-page decision that the plan will ensure that all claimants are compensated to some degree. The restructuring also increases the trust’s assets by at least $1 billion.

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