Insurers Win Relief From Kaiser Gypsum’s Stay To Seek Coverage Case Costs

(January 23, 2018, 12:18 PM EST) -- CHARLOTTE, N.C. — Chapter 11 debtor Kaiser Gypsum Co.’s insurers received relief from the automatic bankruptcy stay so they can pursue the repayment of their costs from the debtor’s primary insurer in a California state court asbestos coverage lawsuit, according to a Dec. 27 North Carolina federal bankruptcy court order (In re Kaiser Gypsum Company, Inc., et al., No. 16-31602, W.D. N.C. Bkcy.)....