Asbestos Litigation Forces Koch Industries to Place Bit Player in Bankruptcy

Koch Industries has put a division of its Georgia-Pacific unit in Chapter 11 bankruptcy after failing to stem a rising tide of lawsuits by mesothelioma victims who attribute their disease to asbestos-containing drywall compound. Georgia-Pacific’s Bestwall business manufactured the joint compound, commonly known as “mud,” with chrysotile asbestos fibers until Read more…