Jones Day office in Manhattan, New York. Photo: Ryland West/ALM 20 State AGs Ask Fourth Circuit to Kill Jones Day's Texas Two-Step Tactic in Georgia-Pacific Case
Asbestos victims suing Georgia-Pacific are opposing a preliminary injunction that halted their lawsuits against Koch Industries.
July 21, 2023 at 08:31 AM
3 minute read
The original version of this story was published on The American Lawyer
The attorneys general of 20 states and the District of Columbia penned an amicus brief last week in hopes of overturning a preliminary injunction that enabled Georgia-Pacific to proceed with its "Texas-Two Step" bankruptcy maneuver in North Carolina.
If the plaintiffs suing Georgia-Pacific over billions of dollars worth of asbestos claims are successful in securing an en banc rehearing in the United States Court of Appeals for the Fourth Circuit and overturning the preliminary injunction, the decision would effectively halt Jones Day's lucrative method of stalling tort claims against the likes of Georgia-Pacific and Johnson & Johnson.
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