ATRA Reiterates Support for Chapter 11 Bankruptcy Use to Address Mass Tort Litigation, Urges Meaningful Dialogue Amid Senate Judiciary Committee Hearing
In re Bestwall LLC
(4th Circ., filed July 24, 2023): Urging the court to deny en banc review and uphold the panel’s decision. Arguing that bankruptcy is an effective and efficient way of addressing mass tort litigation claims. State sovereign issues are not undermined by the majority’s decision and narrowing the scope of bankruptcy jurisdiction would undermine the purposes of Chapter 11.
The lack of oversight and transparency around third-party litigation funding threatens the integrity of our legal system
Together, let’s forge a legal landscape that makes equitable access to justice a living reality for all Georgians.
This is an opportunity to reassess the practices and regulations surrounding private-attorney contracting and to enact reforms that promote fairness, transparency and value for taxpayer dollars.
Allowing the company to continue the bankruptcy process will help ensure equitable and efficient resolution in complex mass tort claims