Koch Industries is buying Georgia-Pacific Corp., but it's too soon to tell what will happen to Georgia-Pacific's 51 in-house attorneys or its outside law firms. A large acquisition doesn't always result in the closing of the acquired company's in-house law department, says Daniel J. DiLucchio Jr., a principal with legal consulting firm Altman Weil. And Koch will need a lot of legal help: It's also acquiring Georgia-Pacific's asbestos litigation, which included 57,400 claims as of Sept. 30.
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Asbestos Cases Could Keep Koch Lawyers Busy
Daily Report
November 17, 2005
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