December 06, 2022
The asbestos claimants committee in the Bestwall Chapter 11 asked a Fourth Circuit panel Tuesday to overturn an injunction shielding Bestwall parent Georgia-Pacific from their claims, saying the bankruptcy judge overstepped the law when she issued the order.
August 10, 2022
Endo Pharmaceuticals said it is close to filing for bankruptcy over its opioid liability, Revlon shareholders want representation in its Chapter 11 case, and a North Carolina judge said sanctions worked on asbestos claimants in the Bestwall bankruptcy. This is the week in bankruptcy.
August 10, 2022
A North Carolina bankruptcy judge has called off daily fines against nearly 500 asbestos claimants in the Chapter 11 case of Georgia-Pacific unit Bestwall LLC after sanctions — which were imposed for missing exposure information — climbed into the six-figure range.
April 08, 2022
A North Carolina bankruptcy judge took the unusual step of sanctioning nearly 500 asbestos claimants in the Chapter 11 case of Georgia-Pacific unit Bestwall LLC this week, saying fines were necessary to compel the claimants to complete forms critical to the debtor's claim estimation efforts.
August 19, 2019
A group of asbestos plaintiffs on Monday asked a North Carolina bankruptcy court to dismiss the Chapter 11 case of Georgia-Pacific affiliate Bestwall LLC, accusing the company of stalling in an attempt to avoid paying asbestos liabilities.
October 18, 2018
The unsecured creditors of bankrupt Georgia-Pacific affiliate Bestwall LLC on Wednesday again urged a North Carolina bankruptcy court to dismiss the company's Chapter 11 case, accusing the parent company of unjustly devising a way to dump off and reduce its legacy asbestos liabilities.
October 02, 2018
Georgia-Pacific affiliate Bestwall LLC has defended its Chapter 11 filing, telling a North Carolina bankruptcy judge that a committee of asbestos claimants is pushing "unsubstantiated allegations" by asserting that its parent company is using the case to evade asbestos claims.
August 16, 2018
Georgia-Pacific affiliate Bestwall LLC's bankruptcy is a "sham" and a "farce" designed to wall off its parent company from exposure to asbestos claims, a committee of asbestos claimants said Wednesday in seeking to get the case dismissed.