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Garlock plans to claim lesser financial responsibility in upcoming asbestos lawsuit

In the upcoming trial involving Garlock Sealing Technologies LLC and claimants, the company plans to claim that it owes only $125 million in asbestos liabilities, despite plaintiffs saying that the actual amount is closer to $1.3 billion.

It must be decided how much the company owes before the U.S. Bankruptcy Court in Charlotte, North Carolina begins the trial on July 22 to determine whether  Garlock can be held financially liable for causing mesothelioma, both currently and in the future. This court decision will largely affect the company’s Chapter 11 bankruptcy petition.

People have been alleging that exposure to asbestos in Garlock’s gaskets, conveyor belts, among others caused their diagnosis of mesothelioma. However, in a pretrial brief this week, Garlock stated that it will argue  it has “little to no responsibility” regarding these claims.

Mesothelioma, which usually affects the lungs, the abdomen, or the heart, is a fatal cancer typically caused by asbestos exposure. For further information about asbestos, mesothelioma, and the options available to those who have developed this disease due to someone else’s negligence, fill out the contact form on this page.

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