On May 20, 2016, a disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Garlock Sealing Technologies LLC and its affiliates.
The filing was assigned docket number 5332 and is described on the court’s official docket as follows:
Chapter 11 Disclosure Statement /Disclosure Statement for Joint Plan of Reorganization of Garlock Sealing Technologies LLC, et al. and OldCo, LLC, Proposed Successor by Merger to Coltec Industries Inc. filed by Garland S. Cassada on behalf of Coltec Industries Inc., Future Asbestos Claimants, Garlock Sealing Technologies LLC, Official Committee of Asbestos Personal Injury Claimants. (Cassada, Garland) (Entered: 05/20/2016)
Garlock Sealing Technologies LLC filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on June 5, 2010. The bankruptcy case is pending before the United States Bankruptcy Court for the Western District of North Carolina . The case number for the lead bankruptcy case is 10-31607. The bankruptcy case is currently assigned to United States Bankruptcy Judge George Hodges. The law firm of Rayburn Cooper & Durham, P.A. is acting as lead bankruptcy counsel to Garlock Sealing Technologies LLC in the bankruptcy case.