Document 1564mxLX4E907EJrMo1bbxJd5

FILE NAME Cape Asbestos CAPE DATE 2023 DOC CAPE103 DOCUMENT DESCRIPTION Legal - Move to appoint a Receiver over Cape PLC Tibbs Case Exhibit 1 STATE OF SOUTH CAROLINA COUNTY OF RICHLAND ) IN THE COURT OF COMMON PLEAS ) ) FOR THE FIFTH JUDICIAL CIRCUIT KEITH W. PARK individually and as the Personal Representative of the Estate of ISABELLA PARK Plaintiffs A NO 40-02727 In Re Asbestos Personal Injury Litigation Coordinated Docket V. de ARMSTRONG INTERNATIONAL INC et al Defendants ee ORDER Plaintiffs have moved this Court to appoint a Receiver over Cape PLC pursuant to S.C. Code 15-65-10This Court finds that the application is meritorious under the applicable statute because Cape PLC as the successor in interest to Cape Industries Ltd. k Cape Asbestos Company Ltd. Cape Asbestos and its subsidiaries and global affiliates collectively Cape or the Company have dissolved and Cape a foreign corporation has forfeited its charter and has further failed to answer this case and therefore Plaintiffs request for an expedited ruling on this motion is appropriate and also granted Therefore this Court hereby appoints Peter Protopapas be and hereby is appointed Receiver in this case pursuant to the South Carolina Law with the power and authority fully administer all assets of Cape accept service on behalf of Cape engage counsel on behalf of Cape and take any and all steps necessary to protect the interests of Cape whatever they may be This order is inclusive of but not limited to the right and obligation to administer any insurance assets of Cape as well as any claims related to the actions or failure to act of Cape's insurance carriers ELECTRONICAL Y ELECTRONICALY ELCTRONIAYELCTRONIAYFILED FILED FILED - - 2023 2023 Oct Mar 18 17 10:18 8:28 AM AM - RICHLANDRIC-HLAND - COMON COMON PLEAS PLEAS PLEAS - 203CP41759201CP47CASE 2021CP4002727 203CP401759 In addition to the powers of the Receiver set forth herein the Receiver shall have the following rights authority and powers with respect to the Respondent's property to ) collect all accounts receivable of Respondent and all rents due to the Respondent from any tenant 2 to change locks to all premises at which any property is situated 3 open any mail addressed to the defendant and addressed to any business owned by the Respondent redirect the delivery of any mail addressed to the Respondent or any business of the Respondent so that the mail may come directly to the receiver 4 endorse and cash all checks and negotiable instruments payable to Respondent except paychecks for current wages 5 hire a real estate broker to sell any real property and mineral interest belonging to the Respondents 6 hire any person or company to move and store the property of Respondent 7 to insure any property belonging to the Respondents but not the obligation 8 obtain from any financial institution bank credit union savings and loan or title company credit bureau or any other third party any financial records belonging to or pertaining to the Defendants 9 obtain from any landlord building owner or building manager where the Respondent or the Respondent's business is a tenant copies of the Respondent's lease lease application credit application payment history and copies of Respondent's checks for rent or other payments 10 hire any person or company necessary to accomplish any right or power under this Order and 11 take all action necessary to gain access to all storage facilities safetydeposit boxes real property and leased premises wherein any property of Respondent may be situated and to review and obtain copies of all documents related to same Based on the Court's experience in other receivership matters and in an effort to streamline these proceedings the Court expects the Receiver to investigate the existence of all insurance coverages potentially available to the company in receivership The Receiver will provide potential insurers with lists of work sites contractors and insurance brokers and agents to facilitate ELECTRONICAL Y ELECTRONICALY ELCTRONIAYELCTRONIAYFILED FILED FILED - - 2023 2023 Oct Mar 18 17 10:18 8:28 AM AM - RICHLANDRIC-HLAND - COMON COMON PLEAS PLEAS - 203CP41759201CP47CASE 2021CP40 2727 203CP401759 ELECTRONICAL Y ELECTRONICALY the insurers searches for coverage specifically including coverage provided to any related or ELCTRONIAY subsidiary companies of the company in receivership or any company for whom the company in ELCTRONIAYFILED FILED receivership did work as an additional insured under coverage written to another entity The FILED - - Court expects all insurers to comply with subpoenas issued by this Court and its Receiver in 2023 2023 effectuating these thorough searches The Court further orders that as the Receiver Court that the Receiver or Cape may not be sued outside this Court without obtaining the Receiver's consent or an order of this Court prior to Oct Mar 18 17 10:18 8:28 AM AM - doing so RICHLANDRICHLAND AND IT IS SO ORDERED - COMON COMON PLEAS PLEAS PLEAS JUDGE'S SIGNATURE PAGE FOLLOWS - 203CP41759201CP47CASE 2021CP40 2727 203CP401759 ELECTRONICAL Y ELECTRONICALY ELCTRONIAY ELCTRONIAY FILED FILED - 2023 2023 Oct Mar Richland Common Pleas 18 17 Case Caption Isabella Park , plaintiff et al vs defendant et al Armstrong International Inc , 10:18 8:28 AM AM - RICHLANDRICHLAND Case Number 2021CP4002727 Type Appointment of Receiver - - So Ordered COMON COMON PLEAS PLEAS Jean H. Toal - Electronically signed on 2023-03-16 11:28:55 page 4 of 4 CASE 2021CP40 2727 203CP41759 20CP47