( March 3, 2026, 2:15 PM EST) -- WASHINGTON, D.C. — The legality of the “Texas Two-Step,” under which large wealthy corporations have used the Lone Star State’s divisional merger laws to create an affiliate and saddle the spinoff with all of the company’s asbestos liabilities, has reached the nation’s top court, with claimants of Georgia-Pacific spinoff Bestwall LLC filing a petition for certiorari to challenge the corporate restructuring maneuver....