Federal Judge Confirms Kaiser Gypsum Debtors’ Bankruptcy Plan

Mealey's (July 29, 2021, 12:25 PM EDT) -- CHARLOTTE, N.C. — A North Carolina federal judge on July 28 confirmed the reorganization plan of joint Chapter 11 debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. after overruling all objections to the plan by the debtors’ primary asbestos insurer for lack of standing and on the ground that the plan is “insurance neutral.”...