Georgia Pacific News

Vermont Court Sides With Ambassador Insurance in Allocation of Asbestos Losses

The Vermont Supreme Court has denied a bid by a manufacturer of asbestos products to bypass Vermont law in determining the allocation of losses for insurance purposes. In so doing, the Vermont court sided with Ambassador Insurance Co., which has …

Opioid and Asbestos Immunity Cases Could Tilt Bankruptcy Scales Away From Victims

The billionaire owners of OxyContin maker Purdue Pharma LP and lumber giant Georgia-Pacific are in high-stakes legal battles to shed billions of dollars of liabilities in bankruptcy — the first over their company’s alleged role in America’s opioid crisis and …

Georgia-Pacific to Pay $600K Fine, Spend $4.7M on Upgrades in Arkansas Settlement

An Arkansas paper mill would pay a $600,000 fine and spend about $4.7 million on environmental projects and plant upgrades to reduce air pollution under terms of a proposed settlement. The proposal with Georgia-Pacific in Crossett was filed in federal …

7 Injured in Texas Plant Explosion, Fire

An explosion has rocked a plywood manufacturing plant north of Houston, injuring seven workers and causing a fire that took hours to extinguish. The explosion occurred about 6:15 p.m. on April 26 at the Georgia-Pacific plant in Corrigan, Texas, a …

House Passes Bill Requiring Reporting by Asbestos Victims’ Trusts

Honeywell International Inc., whose political action committee donates more money than any other corporate PAC, and the U.S. Chamber of Commerce, which spends more to lobby Congress than anyone else, saw long-sought legislation on asbestos claims advance in Congress today. …