EnPro, Garlock reach $480 mln settlement on asbestos claims

StreetInsider.comEnPro, Garlock reach $480 mln settlement on asbestos claimsReutersThe settlement was between EnPro, its now bankrupt unit Garlock Sealing Technologies, Garlock's direct parent Coltec Industries Inc and court-appointed representative for current and future asbestos claimants. EnPro said it would set up and fully fund …EnPro Industries (NPO) Enters Asbestos Claims SettlementStreetInsider.comEnPro Industries Reaches Permanent, Comprehensive Settlement of Current and Future Asbestos ClaimsBusiness Wire (press release)Garlock Owner Touts $480M Deal To End Asbestos ClaimsLaw360 (subscription)all 12 news articles »