4th Circuit Upholds Injunction Protecting Debtor, Georgia-Pacific

Mealey's ( June 21, 2023, 4:38 PM EDT) -- RICHMOND, Va. — A North Carolina federal bankruptcy court had “related to” jurisdiction to enjoin asbestos litigation against Georgia-Pacific (GP), as the parent of spinoff unit and Chapter 11 debtor Bestwall LLC, and did not abuse its discretion in issuing a preliminary injunction barring the tort litigation, a divided Fourth Circuit U.S. Court of Appeals panel held June 20 in affirming....

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