Supreme Court Directs Response To Insurer’s Challenge To Asbestos Bankruptcy Plan

(July 13, 2023, 11:00 AM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court has asked Chapter 11 asbestos debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. to respond to a petition for certiorari filed by their primary insurer asking the court to decide whether the insurer has standing to challenge the debtors’ reorganization plan, after the debtors failed to file any opposition to the petition or waive their response....