Garlock Is Settled, Sort Of

A settlement, sort of,  for Garlock and Coltec was announced late yesterday. The deal has multiple moving parts, including a new chapter 11 for Coltec, and a would be deal about claims by Canadian provinces represented by Motley Rice. The deal also calls for an end to Garlock’s “fraud” lawsuits against a few plaintiff firms. A Reuters story has some of the specifics.

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About Kirk

Since becoming a lawyer in 1983, Kirk’s over 30 years of practice have focused on advising a wide range of corporations, associations, and individuals (as both plaintiffs and defendants) on both tort and commercial law issues centered around “mass torts.”


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