Garlock Files New Plan; Disclosure Statement Hearing Scheduled

Mealey's (May 26, 2016, 12:00 PM EDT) -- CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge on May 23 said he will hold a hearing June 22 to consider approving the recently filed disclosure statement for the revamped plan of reorganization of Garlock Sealing Technologies LLC (GST) (In re: Garlock Sealing Technologies, LLC, et al., No. 10-31607, W.D. N.C. Bkcy.).

(Order available. Document #48-160527-031R.)

Global Settlement

GST and affiliates Garrison Litigation Management Group and The Anchor Packing Co. (collectively, Garlock) filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in 2010...
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