WDNC Bankruptcy Judge George R. Hodges issues precedent-setting Order on January 10, 2014 in "Garlock Sealing Technologies." If you've missed it, as part of Garlock's $1 billion bankruptcy case, the Judge's order has slashed what the manufacturer owes asbestos victims after finding that the victim's lawyers abused the system.
Read More About It:
Cloud Lifted: Gasket Maker Dodges Over $1 Billion in Asbestos Liability
David Donovan, NC Lawyers Weekly, February 6, 2014
Case Sheds Light on the Murky World of Asbestos Litigation
NPR, February 4, 2014
Judge Finds Fraud and Deceit by Plaintiffs' Lawyer in Asbestos Cases
Bloomberg Businessweek, January 13, 2014
Judge Slashes Asbestos Liability in Garlock Bankruptcy to $125 Million
Forbes, January 10, 2014
