Introducing ATLASLearn more
Legal Opinion

In re Garlock Sealing Technologies, LLC

United States Bankruptcy Court, W.D. North Carolina

Decided January 10, 2014No. 10-31607PublishedCited by 13 opinions

1Opinion of the Court

ORDER ESTIMATING AGGREGATE LIABILITY

GEORGE R. HODGES, Bankruptcy Judge.

*73This matter is before the court after a hearing to determine the reasonable and reliable estimate of Garlock Sealing Technologies, LLC’s liability for present and future mesothelioma claims. The court has concluded that the amount sufficient to satisfy that obligation is $125 million. In support thereof, the court makes the following findings of fact, conclusions of law and order:

SUMMARY

Garlock produced and sold asbestos gaskets, sheet gasket material and packing used in pipes and valves that transported hot fluids in…

2Cases cited11 opinions

  1. In Re Armstrong World Industries, Inc.District Court, D. Delaware · 2006
  2. Bittner v. Borne Chemical Co.Court of Appeals for the Third Circuit · 1982
  3. Moeller v. GARLOCK SEALING TECHNOLOGIES, LLCCourt of Appeals for the Sixth Circuit · 2011
  4. In Re G-I Holdings, Inc.United States Bankruptcy Court, D. New Jersey · 2005
  5. Official Committee of Asbestos v. Asbestos Property Damage Committee (In Re Federal-Mogul Global Inc.)United States Bankruptcy Court, D. Delaware · 2005

6 more not listed; retrieve them via the Exa API.

3Cited by13 opinions

  1. Amato, T. v. Bell & GossettSuperior Court of Pennsylvania · 2015
  2. Yates v. Ford Motor Co.District Court, E.D. North Carolina · 2015
  3. Arrow Oil & Gas, Inc. v. J. Aron & Co. (In re SemCrude L.P.)Court of Appeals for the Third Circuit · 2017
  4. In re Fairbanks Co.United States Bankruptcy Court, N.D. Georgia · 2019
  5. Legal Newsline v. Garlock Sealing Technologies LLCDistrict Court, W.D. North Carolina · 2014

8 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

View API DocsGet API Key

Powered by the Exa API