4th Circ. Says Insurer Can't Object To Ch. 11 Asbestos Trust

By Hope Patti ( February 14, 2023, 9:02 PM EST) -- The primary insurer for Kaiser Gypsum Co. Inc. is not a "party in interest" to the company's Chapter 11 reorganization plan that established a trust for asbestos claims and, therefore, lacks standing to object to the plan, the Fourth Circuit said Tuesday, affirming a North Carolina federal court's holding....

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