September 3, 2013
Asbestos Exposure: Who Will Pay the Piper?
A $1 billion debate is happening in Charlotte, N.C., this week.
Garlock Sealing Technologies is a global manufacturer of products known to contain asbestos. The dispute, occurring in federal bankruptcy court, is whether or not Garlock should continue to be held accountable for asbestos-related claims that will likely total $1.3 billion in the next few years.