N.C. Bankruptcy Court Schedules Hearing on Motion to Reopen Estimation Proceedings in Garlock Asbestos Proceedings

CHARLOTTE, N.C. –– A North Carolina bankruptcy court has scheduled a hearing to address the Official Committee of Asbestos Personal Injury Claimants’ request to reopen the record of the estimation proceeding in Garlock’s bankruptcy proceedings.

According to a July 23 notice, the U.S. Bankruptcy Court for the Western District of North Carolina rescheduled the hearing for July 31 at 9:30 a.m.

The hearing will address the Committee’s efforts to reopen the record of estimation proceeding on grounds that the asbestos defendant gave false testimony and failed to present evidence that would contradict its position that plaintiff firms have been …