A Georgia-Pacific LLC subsidiary pushed back on asbestos claimants’ bid to use a recent Third Circuit decision to dismiss its Chapter 11 case, arguing that the appellate ruling details involving Johnson & Johnson aren’t applicable.
Bestwall LLC, the subsidiary created to address the paper products manufacturer’s legacy asbestos liabilities, said in a Tuesday filing that the US Court of Appeals for the Third Circuit’s recent decision to reject a J&J unit’s bankruptcy bid “supplies no reason why Bestwall’s case should be dismissed.”
Bestwall’s bankruptcy was upheld by the US Bankruptcy Court for the Western District of North Carolina in 2019 ...
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