Dismissal Of ‘Texas Two-Step’ Asbestos Bankruptcies Rejected Again

( November 14, 2025, 1:19 PM EST) -- CHARLOTTE, N.C. — A North Carolina federal judge denied a consolidated request by asbestos claimants in two bankruptcy cases of debtors created under Texas divisional merger law for leave to appeal the denial of their motions to dismiss the Chapter 11 cases, finding that the proposed interlocutory appeals lack a “controlling question of law.”...

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