A Dallas asbestos firm being sued for racketeering said in a court filing last week that it has settled with its accuser, though it is unclear what will become of claims possibly being asserted by another company the firm targeted with lawsuits.
Simon Greenstone Panatier Bartlett PC, one of five plaintiffs firms facing racketeering lawsuits from Garlock Sealing Technologies, filed on Thursday a motion for leave to submit notice of settlement.
According to the two-page motion, filed in the U.S. District Court for the Western District of North Carolina, Charlotte Division, “all claims and counterclaims between Simon Greenstone and (Garlock) have been settled for mutual waivers of costs, subject to confirmation of the Bankruptcy Court as part of the Plan…