Profitable companies are dodging asbestos lawsuits. A North Carolina court has helped them

The Charlotte Observer

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Profitable companies are dodging asbestos lawsuits. A North Carolina court has helped them

Billion-dollar companies are using Charlotte, North Carolina’s bankruptcy court to dodge lawsuits from thousands of people who were sickened by asbestos, families and their lawyers say. Using a controversial legal maneuver called the Texas Two-Step, three major corporations created subsidiaries that then filed for bankruptcy in the federal court in Charlotte. Two of the three corporations ...