High Court Grants Cert For Insurer’s Challenge To Kaiser Gypsum Asbestos Bankruptcy

(October 13, 2023, 3:11 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Oct. 13 granted a petition for certiorari filed by the primary insurer of Chapter 11 asbestos debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. over a Fourth Circuit U.S. Court of Appeals’ ruling that the insurer lacks standing to challenge the debtors’ reorganization plan....