Claimants’ Group Again Moves To Dismiss Chapter 11 Case Of Georgia-Pacific Debtor

(April 27, 2023, 8:37 AM EDT) -- CHARLOTTE, N.C. — The asbestos claimants’ committee in the Chapter 11 case of Georgia-Pacific spinoff Bestwall LLC is making a third attempt at having the case tossed, saying in its most recent motion to dismiss that a North Carolina federal bankruptcy court lacks jurisdiction because Bestwall’s lack of financial distress when filing for Chapter 11 amounts to a violation of the bankruptcy provisions in the U.S. Constitution....