The U.S. Courtroom of Appeals for the Fourth Circuit on Friday allowed a solvent Georgia-Pacific subsidiary to maneuver ahead with its Chapter 11 submitting, saying the company spinoff Bestwall needn’t be a debtor to qualify for federal chapter courtroom jurisdiction beneath the Structure’s Chapter Clause.
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Thursday, August 28
‘Troubling’: Split 4th Circuit Rejects ‘History and Tradition’ Challenge to Bankruptcy
