Georgia-Pacific Spinoff’s Committee Gets Amici Backing In Effort To Dismiss Case

( October 23, 2024, 8:15 AM EDT) -- RICHMOND, Va. — The Chapter 11 case of Georgia-Pacific spinoff Bestwall LLC should be dismissed because the protections of bankruptcy are not intended for companies that are not in financial distress, and the civil justice system is well prepared to handle mass tort litigation for asbestos claims when an asbestos trust is not the proper vehicle to handle the claims, as Bestwall asserts, the American Association for Justice and an ad hoc group of other asbestos claimants tell the Fourth Circuit U.S. Court of Appeals in amicus curiae briefs in support of the Official Committee of Asbestos Claimants....