Georgia-Pacific’s Phony Bestwall Bankruptcy Should Be Tossed, Asbestos Group Says
(August 17, 2018, 12:29 PM EDT) -- CHARLOTTE, N.C. — Chapter 11 debtor Bestwall LLC is a sham company set up to shield Georgia-Pacific LLC’s billions of dollars in assets from sick and dying asbestos disease sufferers who were poisoned by Georgia-Pacific’s asbestos products, asbestos claimants say in an Aug. 15 motion in North Carolina federal bankruptcy court to dismiss Bestwall’s case (In re Bestwall LLC, No. 17-31795, W.D. N.C. Bkcy.).
(Motion to dismiss available. Document #48-180824-014M.)
Bestwall said it had about 64,000 asbestos personal injury claims pending against it when...