Under the terms of the Plan, Class 5 (Asbestos Claims) and Class 9 (GST/Garrison Equity Interests) are the only classes of Claims or Equity Interests impaired by the Plan. The Debtors believe that all other Classes of Claims are "unimpaired." This means these Classes are assumed to approve the Plan because their rights will not be affected by the Plan.
Voting Procedure, Proof of Claim, Ballots and Instructions
Asbestos Claimants Filing Deadlines
Certain deadlines for filing asbestos claims against Garlock have already passed.
If you have an asbestos claim against Coltec based on a disease diagnosed on or before August 1, 2014, you need to be aware of some important deadlines. If you filed a lawsuit against any defendant or have a claim against any asbestos trust that was filed on or before August 1, 2014, you need to cast a ballot before December 9, 2016, or else file a proof of claim by March 24, 2017. If you do not file a claim, you may lose your right to bring your Coltec claim against the Trust in the future, which includes a claim related to any Coltec division or business that may have sold asbestos-containing products or equipment. These Coltec-related divisions or businesses were Fairbanks Morse, Quincy Compressor, Central Moloney, Delavan, France Compressor, and Farnam.
Ballot and Proof of Claim Filing Instructions
To be counted, your signed ballot indicating your acceptance or rejection of the Plan must be received by Rust Consulting/Omni Bankruptcy, the appointed voting agent, no later than December 9, 2016. Ballots should be sent by mail or overnight delivery to:
Garlock Sealing Technologies LLC, et. al
c/o Rust Consulting/Omni Bankruptcy
Attn: Balloting Agent
5955 DeSoto Avenue, Suite 100
Woodland Hills, CA 91367
Proofs of Claim Forms and Ballots may be submitted in person, by courier service, hand delivery or mailed to the foregoing address.
If you should have any questions about how to fill out your Proof of Claim Forms and Ballots, you should review the enclosed instructions. Otherwise, you will need to consult with your own legal advisor.
Dates for filing Non-Asbestos Claims and Settled GST Asbestos Claims have passed:
- Bar Date for Non-Asbestos Claims was December 12, 2011 (PDF)
- Bar Date for Settled GST Asbestos Claims was September 30, 2014 (PDF)
- Bar Date for Non-Settled GST Asbestos Claims was October 6, 2015 (PDF)