EnPro Industries, Inc.’s Garlock Sealing Technologies LLC (GST LLC) subsidiary’s current asbestos insurance receivable was US$148 million as of June 30, 2011, compared with US$158 million as of Dec. 31, 2010.
GST recorded a current asbestos insurance receivable of US$158 million…
EnPro Industries, Inc., at June 30, 2011, had US$160 million of insurance coverage it said it believes is available to cover current and future asbestos claims against Garlock Sealing Technologies LLC and certain expense payments.
At March 31, 2011, the Company…
EnPro Industries, Inc., at March 31, 2011, had US$167 million of insurance coverage the Company said it believes is available to cover current and future asbestos claims against Garlock Sealing Technologies LLC (GST LLC) and certain expense payments.
GST has collected…
EnPro Industries, Inc.’s Garlock Sealing Technologies LLC (GST LLC) subsidiary recorded a current asbestos insurance receivable of US$158 million as of both March 31, 2011 and Dec. 31, 2010.
The historical business operations of GST LLC and The Anchor Packing Company…
At 5:18 p.m. on Monday, Feb. 28, 2011, the Dow Jones Daily Bankruptcy Review incorrectly reported that the North Carolina bankruptcy judge presiding over the chapter 11 bankruptcy case of Garlock Sealing Technologies LLC, had denied Garlock’s motion to obtain…
EnPro Industries, Inc.’s subsidiary, Garlock Sealing Technologies LLC, encounters opposition from the official asbestos claimants’ committee to the proposal for developing a Chapter 11 plan, Bloomberg reports.
In an Aug. 30, 2010 court filing, the asbestos committee said that Garlock is…
EnPro Industries, Inc. recorded asbestos-related expenses of US$8.8 million during the quarter ended June 30, 2010, compared with US$14.3 million during the quarter ended June 30, 2009, according to Company press release dated Aug. 5, 2010.
The Company recorded asbestos-related expenses…
A couple from Port Arthur, Tex., Floyd D. Gladden Jr. and Rebecca E. Gladden, on May 3, 2010, filed an asbestos-related lawsuit against 30 defendant corporations in Jefferson County District Court, Tex., The Southeast Texas Record reports.
Manufacturing and equipment defendants…
EnPro Industries, Inc. says that new asbestos-related settlement commitments in the first nine months of 2009 were US$67.2 million, up from US$53.9 million in the first nine months of 2008.
Company subsidiary Garlock Sealing Technologies LLC settles and disposes of actions…
EnPro Industries, Inc.’s subsidiary, Garlock Sealing Technologies LLC, began 10 asbestos-related trials during the first nine months of 2009.
A South Carolina jury returned a defense verdict in favor of Garlock in a mesothelioma lawsuit. In another South Carolina mesothelioma case,…