Federal Judge Confirms Garlock Sealing’s Joint Plan Establishing Asbestos Trust

Mealey's (June 16, 2017, 1:55 PM EDT) -- CHARLOTTE, N.C. — A North Carolina federal judge on June 12 confirmed the plan of reorganization for Chapter 11 debtor Garlock Sealing Technologies LLC after an insurer’s remaining objections to the plan were resolved at a one-day bankruptcy court confirmation hearing in May (In re:  Garlock Sealing Technologies, LLC, et al., No. 3:17-cv-275, W.D. N.C.)....