Bestwall, Georgia-Pacific, Asbestos Claimants To Discuss Consensual Chapter 11 Plan

(December 31, 2019, 1:32 PM EST) -- CHARLOTTE, N.C. — Chapter 11 debtor Bestwall LLC, affiliate Georgia-Pacific LLC and asbestos claimants’ representatives will hit the bargaining table to come up with a way for Bestwall to shed its asbestos liabilities through a bankruptcy trust, with two mediation sessions scheduled under an agreed order filed Dec. 18 in North Carolina federal bankruptcy court (In re Bestwall LLC, No. 17-31795, W.D. N.C. Bkcy.)....