Property Damage Claims Against G-I Not Limited To Tiles, Bankruptcy Judge Says

NEWARK, N.J. - An attempt by the New York City Housing Authority (NYCHA) to recoup $500 million from Chapter 11 debtor G-I Holdings Inc. for abatement of asbestos property damage is not limited to just vinyl asbestos floor tile claims as G-I had argued but includes claims involving other asbestos-containing...

Asbestos Claimants Denied Documents On Garlock's Settlement History

CHARLOTTE, N.C. - The North Carolina federal bankruptcy judge overseeing Garlock Sealing Technologies LLC's Chapter 11 case on June 19 denied a request by personal injury claimants to compel Garlock to produce documents containing information on settlements the company made with claimants in the...

Garlock's Contempt Bid Against Law Firm Rejected By Bankruptcy Judge

CHARLOTTE, N.C. - Garlock Sealing Technologies LLC's attempt to have a law firm and its clients held in contempt for not responding to a discovery questionnaire was denied Oct. 16 by a North Carolina federal bankruptcy judge (In re: Garlock Sealing Technologies, et al., No. 10-31607, W.D. N.C. Bkcy...

Bankruptcy Judge: Specialty Products Can Estimate Some Asbestos Claims At Zero

WILMINGTON, Del. - Specialty Products Holding Corp. and Bondex International Inc. can estimate at zero the asbestos personal injury claims of 230 claimants in the companies' joint bankruptcy case who failed to submit a court-approved discovery questionnaire for the debtors' asbestos liability...

Court: Bankrupt Company Must Find Someone Who Can Verify Responses

LOS ANGELES - A judge must rule on a response to a request for admissions as unverified unless a bankrupt and dissolved asbestos defendant appoints someone with the power to decide whether its attorney may verify the response and thus waive attorney-client privilege, a California appeals panel held April...

Asbestos Coverage Disputes Between Flintkote, Insurers Go To Binding Arbitration

WILMINGTON, Del. - A Delaware federal bankruptcy judge on June 20 granted relief from the automatic stay in The Flintkote Co.'s Chapter 11 case so that Flintkote and certain London market insurance companies can participate in binding arbitration to resolve disputes over insurance coverage for asbestos...

Garlock Loses Bid To Unseal Evidence Of Trust Claims, Asbestos Exposures

CHARLOTTE, N.C. - A North Carolina federal bankruptcy judge on July 23 denied a request by Chapter 11 debtor Garlock Sealing Technologies LLC to make public evidentiary documents that were filed under seal for Garlock's asbestos liability estimation trial, including evidence that Garlock says shows...

Garlock Bankruptcy Judge Denies News Site's Bid To Open Estimation Proceeding

CHARLOTTE, N.C. - The "significant" privacy rights of asbestos claimants and their attorneys outweigh the public's interest in certain evidence deemed confidential in the asbestos liability estimation trial for Chapter 11 debtor Garlock Sealing Technologies LLC, a North Carolina federal...

Bankruptcy Judge Approves Sale Of Garlock Plant In Upstate New York

CHARLOTTE, N.C. - A North Carolina federal bankruptcy judge on Oct. 18 authorized Chapter 11 debtor Garlock Sealing Technologies LLC to sell a former manufacturing plant in New York for more than $200,000 (In re: Garlock Sealing Technologies, LLC, No. 10-31607, W.D. N.C. Bkcy.).