Georgia-Pacific, owned by Koch Industries, employ controversial legal tactic to circumvent paying millions to sickened workers

Georgia-Pacific, owned by Koch Industries, employ controversial legal tactic to circumvent paying millions to sickened workers

Asbestos victims, their families and attorneys are claiming a Koch Industries-owned company and its lawyers are using a controversial bankruptcy maneuver to avoid paying millions in compensation to its former employees.

Workers at Georgia-Pacific, a paper and building products company, have been locked in a years-long battle with a company over claims asbestos in its products caused fatal cancers.

The case has come as the Koch brothers’ political network has pushed for legislation to protect companies facing asbestos-related claims and limit payouts for victims.

Koch Industries bought Georgia-Pacific in 2005. The company faces over 60,000 asbestos lawsuits but has not paid out anything since 2017 when the company conducted a controversial maneuver known as the “Texas two-step”.

  • Flying Squid
    21•11 months ago

    You know who else just loves asbestos?

    https://whyy.org/articles/trump-wants-to-make-asbestos-great-again/

    Well, for starters, he loves asbestos. In one of his ghostwritten books, he lauds asbestos as “incredible fire-proofing material” and “the greatest fireproofing material ever made” and a “heavyweight champion.” He didn’t like the decision, by construction officials at the World Trade Center, to halt the use of asbestos in 1971 after 400 tons had been installed. Four years after the towers fell on 9/11, Trump told Congress: “A lot of people say that if the World Trade Center had asbestos it wouldn’t have burned down, it wouldn’t have melted, OK?” (“A lot of people” turned out to be junk scientists. The credible consensus is that the towers would have fallen anyway. The 400 tons of asbestos from the building was spewed into the air – and still imperils the health of people who cleaned up at Ground Zero. One health study says: “Malignant mesothelioma resulting from exposure to asbestos, for example, may not become evident for 30-50 years.”)