Garlock submits Amended Plan of Reorganization in bankruptcy proceeding

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CHARLOTTE, N.C. (Legal Newsline) – Garlock Sealing Technologies filed its Amended Plan of Reorganization in its bankruptcy proceeding on Thursday, addressing concerns from the official Committee of Asbestos Personal Injury Claimants about payment plans.

Garlock and the other remaining debtors, Garrison Litigation Management Group and The Anchor Packing Company, submitted their Amended Plan of Reorganization in U.S. Bankruptcy Judge George Hodges’ Charlotte, N.C., courtroom.

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