The U.S. Supreme Court has refused to review the Texas two-step bankruptcy of a Georgia-Pacific company.
The high court’s decision maintains a legal shield that has been criticized by some U.S. senators and state attorneys general for allowing the company to evade lawsuits.
A North Carolina bankruptcy court order that prohibits cancer victims from bringing legal action against materials manufacturer Georgia-Pacific has been upheld by the Supreme Court’s ruling, as Reuters reported .
Meanwhile, Georgia-Pacific’s subsidiary, Bestwall, remains in bankruptcy.In January, Senators Dick Durbin (D-IL), Sheldon Whitehouse (D-RI), and Josh Hawley (R-MO) filed an amicus brief to help bring before the Supreme Court the dispute between Georgia-Pacific and cancer and mesothelioma victims who claim they suffered from asbestos poisoning after using the manufacturer’s products.Georgia-Pacific refutes the allegations in tens of thousands of lawsuits that its products, including plasterboard adhesive and other construction materials, contained asbestos and caused cancer.Cancer victims’ attorneys filed an […]
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