Insurers Seek Relief From Kaiser Gypsum’s Stay To Pursue Costs In Coverage Row

(November 22, 2017, 9:34 AM EST) -- CHARLOTTE, N.C. — Insurers of Chapter 11 debtor Kaiser Gypsum Co. sought relief Oct. 24 from the automatic stay in the debtor’s case in North Carolina federal bankruptcy court so they can pursue the repayment of their costs from the debtor’s primary insurer in a 15-year-old coverage action in a California state court (In re Kaiser Gypsum Company, Inc., et al., No. 16-31602, W.D. N.C. Bkcy.)....