Georgia-Pacific Debtor Says LTL Management Ruling Does Not Support Claimants

Mealey's ( March 23, 2023, 8:43 AM EDT) -- RICHMOND, Va. — Nothing in the Third Circuit U.S. Court of Appeals’ recent bad faith dismissal of the Chapter 11 case of Johnson & Johnson spinoff LTL Management LLC supports asbestos claimants’ arguments in their Fourth Circuit appeal of injunctions protecting Georgia-Pacific in the bankruptcy of its spinoff, Bestwall LLC, according to Bestwall’s response to the claimants’ notice of supplemental authority (Bestwall LLC, et al. v. Official Committee of Asbestos Claimants, et al., Nos. 22-1127, 22-1135, 4th Cir.)....