July 29, 2014
The asbestos claimants committee in Garlock Sealing Technologies LLC's bankruptcy lobbed new accusations Monday that the manufacturer manipulated evidence about its knowledge of victims' sources of exposure, which the overseeing judge relied on in a landmark ruling slashing its personal injury liability.
July 03, 2014
Garlock Sealing Technologies LLC on Thursday asked a North Carolina bankruptcy judge to reject a bid by plaintiffs, who allege asbestos in the company's products caused mesothelioma, to revisit a $125 million liability order on claims, which is about a 10th of what they had sought.
June 23, 2014
Asbestos victims suing bankrupt Garlock Sealing Technologies LLC objected on Friday to the company's proposal to set a date by which all settled claims must be filed for review, saying that the plan is unfair to the claimants.
June 04, 2014
Garlock Sealing Technologies LLC won a landmark ruling that slashed its liability to asbestos victims by concealing evidence that it had extensive knowledge of the plaintiffs' sources of exposure to the carcinogenic mineral, a North Carolina bankruptcy court heard Wednesday.
May 30, 2014
Bankrupt Garlock Sealing Technologies LLC on Thursday filed an amended reorganization plan in North Carolina federal court, featuring a $275 million fund to resolve all currently unsettled and future asbestos-related personal injury claims against the company.
May 28, 2014
Bankrupt Garlock Sealing Technologies LLC on Tuesday asked a North Carolina bankruptcy judge to prevent it from being named as a co-defendant in an ongoing asbestos lawsuit, calling it an "eleventh hour attempt to mitigate litigation risk" by the primary defendant.
May 19, 2014
Ford Motor Co. and others that won access to documents relating to asbestos claims against Garlock Sealing Technologies LLC should not be allowed to give other parties access to that information, asbestos claimants told a North Carolina bankruptcy judge Friday.
May 07, 2014
A North Carolina bankruptcy judge on Tuesday allowed Ford Motor Co. and Volkswagen Group of America as well as other asbestos defendants and insurers to access information about claims that plaintiffs filed against Garlock Sealing Technologies LLC, after finding in that case that plaintiffs' attorneys had won inflated asbestos injury settlements.
March 21, 2014
Attorneys for asbestos injury claimants in the Garlock Sealing Technologies LLC bankruptcy pressed a North Carolina bankruptcy court on Thursday not to divulge information about their clients to Aetna Inc. and Rawlings Co. LLC, saying the companies' reasons for seeking the information are illegitimate.
January 13, 2014
The bankrupt gasket sealer Garlock Sealing Technologies LLC sued five plaintiffs firms Thursday, claiming they hid evidence of their clients' exposure to asbestos from other manufacturers' products in order to reap more money from the company.