Kaiser Gypsum Debtors' Plan With Asbestos Trust Gets OK From Court

Mealey's (August 26, 2020, 1:28 PM EDT) -- CHARLOTTE, N.C. — A North Carolina federal bankruptcy judge has approved the plan of reorganization for Chapter 11 debtor Kaiser Gypsum Co. Inc. and its co-debtor after overruling all objections to the plan by Kaiser's main asbestos insurer, according to a docket entry and the debtors' Aug. 25 proposed findings of fact and conclusions of law for confirmation of the plan (In re Kaiser Gypsum Company, Inc., et al., No. 16-31602, W.D. N.C. Bkcy.)....