U.S. Bankruptcy Court for the Western District of North Carolina
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Bankruptcy plan to avoid asbestos lawsuits approved despite company's massive value
CHARLOTTE, N.C. (Legal Newsline) - The contested strategy of a Georgia-Pacific unit created to clear asbestos claims will continue in bankruptcy court, a judge has ruled much to the dismay of plaintiff lawyers hoping to get their clients bigger paydays in civil courts. -
Asbestos claimants want Bestwall cases in court, not bankruptcy
CHARLOTTE, N.C. (Legal Newsline) - Lawyers representing asbestos claimants are hoping to block Bestwall's bankruptcy, telling a North Carolina court the company has more than enough money to pay alleged victims. -
Bankruptcy judge sanctions asbestos firms $100 per day for evading questionnaires
CHARLOTTE, N.C. (Legal Newsline) – Bankruptcy Judge Laura Beyer ordered 330 clients of asbestos firm Shrader and Associates to pay $100 a day starting May 9, as a sanction for failure to answer questionnaires of Georgia Pacific entity Bestwall. -
Asbestos lawyers want CertainTeed entity to show its settlements if judge forces them to disclose
CHARLOTTE, N.C. (Legal Newsline) – Asbestos lawyers assert in bankruptcy court that if a CertainTeed entity gains court approval to see their records of settlements, they’ll need approval to see settlement records of defense counsel. -
Bestwall wants asbestos lawyers to cough up answers on claims and settlements, prove they aren’t double-dipping
CHARLOTTE – Asbestos lawyers with an opportunity to prove they don’t routinely pull off double recoveries elected not to try, according to tables that Georgia Pacific entity Bestwall filed in bankruptcy court on Sept. 8.