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27 Jun 2011, 12:46 am by Randall Reese
Last week, related companies Garlock Sealing Technologies LLC, Garrison Litigation Management Group, Ltd. and The Anchor Packing Company asked the bankruptcy court in Charlotte, North Carolina to approve an "exit incentive" or voluntary severance program for certain unionized employees. [read post]
3 Aug 2013, 6:23 pm by Jon Gelman
  Today's post was shared by Legal Newsline and comes from legalnewsline.com Bates Attorneys transitioned Friday from days of expert testimony on the carcinogenic effects of asbestos and the work practices of attorneys representing asbestos plaintiffs to arguments about how much financial liability Garlock Sealing Technologies should face in the company’s ongoing bankruptcy trial. [read post]
9 Aug 2013, 7:44 am by Jon Gelman
(Legal Newsline) – A consultant tapped by attorneys representing claimants suing Garlock Sealing Technologies for asbestos exposure estimated the gasket manufacturer would need to devote more than $1.365 billion to a trust to settle pending and future claims against the company during testimony given Thursday.Mark Peterson, a lawyer with a Ph.D. in social psychology who does estimations for trusts, said based on litigation trends from the past five years, the company… [read post]
8 Jun 2010, 10:55 am by Jon L. Gelman
Garlock Sealing Technologies LLC, a former manufacturer of asbestos products (The Anchor Packing Company), announced that it has taken a step toward a permanent resolution of asbestos-related personal injury claims against the company. [read post]
25 Oct 2010, 12:34 am by Randall Reese
Document Title: Motion to Reconstitute Official Creditors' Committee Bankruptcy Case: In re Garlock Sealing Technologies, LLC et al. [read post]
3 Oct 2011, 4:32 am by Sean Wajert
Garlock Sealing Technologies LLC, No. 09-5670, (6th Cir., 9/28/11). [read post]
21 Mar 2016, 4:00 am by Jon Gelman
The settlement was reached with the court-appointed committee representing current asbestos claimants (the GST Committee) and the court-appointed legal representative of future asbestos claimants (the GST FCR) in the Garlock Sealing Technologies, LLC (GST) asbestos claims resolution process (ACRP) pending in the U.S. [read post]
18 Mar 2013, 9:29 am
There, documents in a dozen large asbestos-related bankruptcy cases are going to be unsealed so that Garlock Sealing Technologies LLC will be able to peer into the records of other companies that have previously set up bankruptcy trusts. [read post]
10 Sep 2014, 6:39 pm by Jon Gelman
"This federal decision comes in the wake of fraud allegations made against a company called Garlock Sealing Technologies, which makes... [read post]
19 Jul 2010, 5:02 pm by Randall Reese
Garlock Sealing Technologies, LLC Late last week, both the Official Committee of Unsecured Creditors and the Official Committee of Asbestos Personal Injury Claimants appointed in the bankruptcy cases of Garlock Sealing Technologies and its affiliates sought authority to retain professionals. [read post]
8 Oct 2011, 5:08 pm
Garlock Sealing Technologies, LLC (PDF), the United States Court of Appeals for the Sixth Circuit joined other courts in rejecting the "any exposure is a substantial factor" theory. [read post]
7 Jun 2010, 1:53 am by Randall Reese
  The three affiliates - Garlock Sealing Technologies LLC , Garrison Litigation Management Group, Ltd. and The Anchor Packing Company - assert that they are "not in business distress, but are overwhelmed by the financial and institutional costs of defending and resolving tens of thousands of asbestos claims in state and federal courts across the country. [read post]
26 Feb 2020, 2:08 pm by Joe Consumer
Back in 2014, a Western District of North Carolina judge – in his first and only asbestos case  – decided to reduce by 90 percent the amount Garlock Sealing Technologies owed its victims, including more than 4,000 Navy service members. [read post]
17 Nov 2023, 1:21 pm by Asbestos Legal Center
Trust Insulation Contractor/Supplier 1% New Jersey Insulation Products Distributor Oakfabco Liquidating Trust Kewanee Boilers None – Liquidating Trust No Site List (despite thousands of Kewanee Boiler sites known to Fiduciaries) Garlock Sealing Technologies Garlock Gaskets – Packing Too low No Site List (despite Fiduciaries settling thousands of cases for known sites) Brauer Supply Company Insulation Supply – Missouri, IL 5.5% About 20 sites on… [read post]
8 Jan 2015, 9:44 am
Garlock Sealing Technologies, Inc., 2009 WL 1747857 (Me. [read post]
18 Jul 2014, 11:55 am
This post is only from the Reed Smith (more properly, the non-Dechert) side of the blog.One hundred what, you say? [read post]