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BANKRUPTCY-TACTICS/TWO-STEP C
RTS8XYFR 
June 23, 2022 
After decades of mounting asbestos litigation, Saint-Gobain’s CertainTeed had accumulated approximately... 
How Saint-Gobain used the Texas two-step C 
After decades of mounting asbestos litigation, Saint-Gobain’s CertainTeed had accumulated approximately $2 billion in litigation costs. The company used the Texas two-step bankruptcy maneuver to stop more than 60,000 legal actions in months. 
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