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Georgia-Pacific Is Litigation-Protected After Unit’s Bankruptcy

July 5, 2023 By Law Offices of Thomas J. Lamb, P.A.

Georgia-Pacific LLC can avoid tort lawsuits tied to certain products while its affiliate, Bestwall LLC, seeks to resolve those claims in bankruptcy, the Fourth Circuit ruled. The US Bankruptcy Court for the Western District of North Carolina, which is overseeing Bestwall’s Chapter 11 case, had “related to” jurisdiction to issue a preliminary … [Read more...]

Filed Under: Asbestos Tagged With: "Texas two-step", asbestos cases, asbestos lawsuits, bankruptcy, Bestwall, Georgia Pacific

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