4th Circuit Hears Asbestos Claimants’ Constitutional Challenge to Company’s Bankruptcy
Asbestos claimants on Thursday asked a federal appeals court to dismiss the Chapter 11 bankruptcy filing of a Georgia-Pacific subsidiary, arguing that the corporate spinoff is not a debtor under the U.S. Constitution and therefore a bankruptcy judge lacked jurisdiction. The claimants, who say they were exposed to asbestos from Georgia-Pacific’s products, argue that Article…






