Asbestos Committee, FCR Sue Over Georgia-Pacific Funding For Debtor

(August 26, 2020, 2:25 PM EDT) -- CHARLOTTE, N.C. — Representatives for asbestos claimants in the Chapter 11 case of Georgia-Pacific affiliate Bestwall LLC asked a North Carolina federal bankruptcy court in a July 29 adversary suit to declare that a funding agreement between the two companies can be assigned to a bankruptcy trust to pay asbestos claims (In re Bestwall LLC, [Official Committee of Asbestos Claimants, et al. v. Bestwall LLC, et al.], Chapter 11 No. 17-31795, Adv. Proc. No. 20-ap-03049, W.D. N.C. Bkcy.)...