On January 10, 2014, Judge George R. Hodges of the U.S. Bankruptcy Court for the Western District of North Carolina issued an order in In re Garlock Sealing Technologies, LLC (No. 10-31607) estimating Garlock’s asbestos liability for present and future mesothelioma claims to be $125 million, the value proposed by the debtors.  The Asbestos Claimants… Continue Reading