Kaiser Gypsum Asbestos Insurer Seeks Supreme Court Reversal Of Ruling On Standing

(December 8, 2023, 11:05 AM EST) -- WASHINGTON, D.C. — The Fourth Circuit U.S. Court of Appeals’ finding that the primary insurer of Chapter 11 asbestos debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. does not have standing to challenge the debtors’ reorganization plan because the plan is insurance neutral is wrong and should be reversed, the insurer tells the U.S. Supreme Court in a Dec. 7 brief on the merits....