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Experts Urge Justices To Bar Insurer's Ch. 11 Challenge

By Hope Patti ( February 1, 2024, 8:17 PM EST) -- Truck Insurance Exchange's contention that it is a "party in interest" with standing to challenge its insureds' Chapter 11 reorganization plan, which established a trust for asbestos injury claims, would upend the bankruptcy system if accepted, experts and policyholder representatives told the U.S. Supreme Court on Thursday....

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