Judge: Fraud Claims Against Kaiser Gypsum Require State Court Coverage Ruling

(May 3, 2021, 10:03 AM EDT) -- CHARLOTTE, N.C. — A California court must determine whether fraud claims leveled against Chapter 11 debtor Kaiser Gypsum Co. Inc. by plaintiffs in two state asbestos actions are covered by Kaiser’s insurance, and the claims are stayed until a ruling on the issue, a North Carolina federal bankruptcy judge ruled March 29....