EnPro Industries (NPO) Enters Asbestos Claims Settlement

Go back to EnPro Industries (NPO) Enters Asbestos Claims Settlement

EnPro Industries Reaches Permanent, Comprehensive Settlement of Current and Future Asbestos Claims

March 17, 2016 4:53 PM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- EnPro Industries, Inc. (NYSE: NPO) today announced that it has reached a comprehensive settlement to resolve current and future asbestos claims. The settlement was reached with the court-appointed committee representing current asbestos claimants (the GST Committee) and the court-appointed legal representative of future asbestos claimants (the GST FCR) in the Garlock Sealing Technologies, LLC (GST) asbestos claims resolution process (ACRP) pending in the U.S. Bankruptcy Court for the Western District of North Carolina. Representatives for current and future asbestos claimants against Coltec Industries Inc (EnPros... More