In 4th Circuit, Georgia-Pacific, Debtor Back Injunction Barring Asbestos Claims

Mealey's (July 8, 2022, 9:40 AM EDT) -- RICHMOND, Va. — A bankruptcy court had not only “arising in” but also “related to” jurisdiction to issue an injunction protecting Georgia-Pacific and spinoff Chapter 11 debtor Bestwall LLC from asbestos claims, and asbestos claimants fail in their assertion that Georgia-Pacific’s corporate restructuring eliminated jurisdiction, the two companies tell the Fourth Circuit U.S. Court of Appeals in a July 1 response brief in the claimants’ appeal of the injunction....