IN RE GARLOCK SEALING TECHNOLOGIES, LLC

No. 10-31607.

504 B.R. 71 (2014)

In re GARLOCK SEALING TECHNOLOGIES, LLC, et al., Debtors.

United States Bankruptcy Court, W.D. North Carolina.

January 10, 2014.


Attorney(s) appearing for the Case

Shelley Koon Abel , Albert F. Durham , Ross Robert Fulton , John R. Miller, Jr. , Ashley K. Neal , William Samuel Smoak, Jr. , Rayburn Cooper & Durham, Charlotte, NC, Louis Adam Bledsoe, III , Garland S. Cassada , Jonathan C. Krisko , Richard C. Worf , Robinson Bradshaw Hinson P.A., Charlotte, NC, Jonathan P. Guy , Orrick, Herrington & Sutcliffe LLP, Washington, DC, for Garlock Sealing Technologies LLC (Debtor).


ORDER ESTIMATING AGGREGATE LIABILITY

GEORGE R. HODGES, Bankruptcy Judge.

This 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:<...

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