Bankruptcy Judge Says Bestwall Is A Going Concern, Transfer Of Case Not Needed

(August 5, 2019, 2:40 PM EDT) -- CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge on July 29 denied asbestos claimants’ request to dismiss or transfer the Chapter 11 case of Bestwall LLC, saying the case is not “objectively futile” despite the claimants’ argument that it was filed as a sham to save the company’s parent billions of dollars (In re Bestwall LLC, No. 17-31795, W.D. N.C. Bkcy., 2019 Bankr. LEXIS 2373)....