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Stock impact report

Edited Transcript of GTX.N earnings conference call or presentation 8-Nov-19 1:30pm GMT [Yahoo! Finance News]

Garrett Motion Inc. (GTX) 
Last garrett motion inc. earnings: 2/27 07:00 am Check Earnings Report
Edited Transcript of GTX.N earnings conference call or presentation 8-Nov-19 1:30pm GMT Specifically, we were unable to independently verify the accuracy of certain information Honeywell provided to us that we used to calculate the amount of our Indemnification Liability. Including information provided in Honeywell's actuary report and the amounts of settlement values and insurance receivables. For example, Honeywell did not provide us with sufficient information to make an independent assessment of the probable outcome of the underlying asbestos proceedings and whether certain insurance receivables are recoverable. This material weakness has not yet been remediated. In consultation with our outside advisers, we are working to obtain additional information about the Indemnification Liability through a dialogue and iterative process with Honeywell. That process continues, and we and our advisers remain in communication with Honeywell on these issues. Following those comments, it's now Show less Read more
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