Georgia-Pacific Claimants Again Try to Weaken Bankruptcy Tactic

Georgia-Pacific should be forced to narrow the categories of liability it can resolve through an affiliate’s bankruptcy, claimants alleging the Koch Industries-backed company’s products caused cancer said.

The manufacturing giant shouldn’t be allowed to use Bestwall LLC’s Chapter 11 to settle other affiliates’ liabilities, the claimants said in a Wednesday complaint in the US Bankruptcy Court for the Western District of North Carolina, where Bestwall is in bankruptcy. Additional Georgia-Pacific subsidiaries have faced new lawsuits alleging asbestos exposure, according to the complaint.

The claimants and a representative for potential future litigants told Judge Laura T. Beyer in the filing that ...