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January 27, 2016

Disclosures in Garlock Case Lead Second Company to Accuse Asbestos Firms of Racketeering

John Crane Inc. has asked a judge to allow the company to join Garlock Sealing Technologies’ racketeering case against the Simon Greenstone law firm in Dallas and the Shein Law Center in Philadelphia.

Crane “has accused plaintiff lawyers of using fraudulent tactics to win asbestos lawsuits, citing evidence uncovered after a federal judge opened records obtained in the bankruptcy of Garlock Sealing Technologies,” reports Forbes’ Daniel Fisher.

“None of this would have come to light if a bankruptcy judge in North Carolina hadn’t agreed to Garlock’s request for records from bankruptcy trusts of other companies in order to show it was being asked to pay too much to asbestos claimants in its case,” writes Fisher.

Read the full story here.

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