Georgia-Pacific Spinoff Not A Debtor, So Case Should Be Tossed, Committee Argues

( August 27, 2024, 1:46 PM EDT) -- RICHMOND, Va. — The Chapter 11 case of Georgia-Pacific spinoff Bestwall LLC should be dismissed for lack of jurisdiction because Bestwall, with billions of dollars available to it from its corporate parent, is not a true debtor under the U.S. Bankruptcy Code, the Official Committee of Asbestos Claimants argues in its Aug. 26 opening appellant brief in a direct appeal to the Fourth Circuit U.S. Court of Appeals of denial of its motion to dismiss....