Georgia-Pacific Subsidiary Bestwall Files For Bankruptcy Due To Asbestos Liabilities

Mealey's (November 2, 2017, 12:44 PM EDT) -- CHARLOTTE, N.C. — Georgia-Pacific affiliate Bestwall LLC filed a Chapter 11 petition Nov. 2 in North Carolina federal bankruptcy court to create a trust to pay asbestos personal injury claims and receive an injunction forever barring future asbestos claims against the debtor, Georgia-Pacific and their dozens of affiliates (In re Bestwall LLC, No. 17-31795, W.D. N.C. Bkcy.)....