Mealey's Bankruptcy - Georgia-Pacific Subsidiary Bestwall Files For Bankruptcy Due To Asbestos Liabilities

Mealey's Bankruptcy - Georgia-Pacific Subsidiary Bestwall Files For Bankruptcy Due To Asbestos Liabilities

CHARLOTTE, N.C. - Georgia-Pacific affiliate Bestwall LLC filed a Chapter 11 petition Nov. 2 in North Carolina federal bankruptcy court to create a trust to pay asbestos personal injury claims and receive an injunction forever barring future asbestos claims against the debtor, Georgia-Pacific and their dozens of affiliates (In re Bestwall LLC, No. 17-31795, W.D. N.C. Bkcy.).

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