Garlock Creditors Cleared to Vote on Asbestos Settlement

Daily Bankruptcy News
Jacqueline Palank

Judge J. Craig Whitley of the U.S. Bankruptcy Court in Charlotte, N.C., approved conditionally Garlock's chapter 11 plan outline on June 22, 2016. The Garlock Sealing Technologies bankruptcy trust is expected to have approximately $480 million in funds.

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