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…

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How It Will Affect Members

WeightWatchers has filed for Chapter 11 bankruptcy, and in an exclusive interview aired on TODAY May 7, WW CEO Tara Comonte is revealing how the move will affect its 3.4 million members. She stressed that the weight-loss company — which destigmatized weight loss and is lauded for pioneering one of the best weight loss programs — has…

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