Garlock Sealing Technologies LLC

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Case overview

Case Number:

3:10-bk-31607

Court:

North Carolina Western

Nature of Suit:

Firms

Companies

Government Agencies

Pension Benefit Guaranty Corp.

Sectors & Industries:

January 10, 2014
Garlock Liable For $125M, Fraction Of Asbestos Claims

A North Carolina bankruptcy judge handed a victory Friday to a gasket sealer that went bankrupt after years of lawsuits alleging the asbestos in its products caused mesothelioma, determining the company was liable for $125 million in claims — about a tenth of what the plaintiffs' attorneys sought.
March 04, 2013
Garlock Wins Access To Asbestos Bankruptcies On Appeal

A Delaware federal judge on Friday opened up asbestos claim records from numerous bankruptcies to Garlock Sealing Technologies LLC, finding that a bankruptcy court "erred and abused its discretion" in denying access to the company.
November 02, 2012
Asbestos Committee Can Join Garlock Personal Injury Case

A North Carolina bankruptcy judge on Friday gave the go-ahead for a committee of asbestos claimants to intervene in Garlock Sealing Technologies LLC's suit challenging a woman's $1.5 million Kentucky state court win against the company over her late husband's asbestos exposure.
October 31, 2012
Garlock Wants Asbestos Claimants Barred From Injury Case

Garlock Sealing Technologies LLC asked a North Carolina bankruptcy court Tuesday to deny asbestos claimants' request to intervene in its suit accusing a woman of fraudulently winning a $1.5 million Kentucky state court verdict over her husband's asbestos exposure.
July 05, 2012
Asbestos Claimants Seek Sanctions Against Garlock

A group of asbestos claimants on Tuesday asked a North Carolina federal judge to sanction Garlock Sealing Technologies Inc. for allegedly ignoring a court discovery order and motions to compel discovery of documents in the company's long-running bankruptcy proceeding.
June 19, 2012
Garlock Asbestos Claimants Denied Privileged Docs

A North Carolina bankruptcy judge on Tuesday denied a committee of Garlock Sealing Technologies LLC asbestos claimants' request to compel allegedly privileged documents related to past asbestos settlements, ruling that Garlock had not waived any privilege over the documents.
June 07, 2012
Garlock Asbestos Committee Can't Act As Trustee

A North Carolina bankruptcy judge on Thursday rejected a committee of Garlock Sealing Technologies LLC asbestos claimants' bid to prosecute, as representatives of the estate, potential claims against Garlock's parent company in connection with prepetition transfers.
March 06, 2012
Garlock Must Give Financial Docs To Asbestos Claimants

The North Carolina federal judge overseeing Garlock Sealing Technologies LLC's bankruptcy on Tuesday ordered the company to produce financial statements requested by a group of asbestos injury claimants.
January 03, 2012
Garlock Asbestos Claimants Win BofA Discovery Bid

The North Carolina federal judge overseeing Garlock Sealing Technologies LLC's bankruptcy on Tuesday granted a bid by asbestos injury claimants to obtain information from Bank of America NA and Duff & Phelps LLC regarding corporate restructurings that took place before the bankruptcy.
November 30, 2011
Garlock Pledges To Pay Off Asbestos Claims In Ch. 11 Plan

Sealing product manufacturer Garlock Sealing Technologies LLC on Monday submitted a Chapter 11 exit plan to a North Carolina bankruptcy judge, promising to pay roughly 100,000 asbestos injury claims that have burdened the company.

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