Revisiting Scalia's 'What's It To You?' After Kaiser Ruling

By Brent Weisenberg and Jeff Prol (July 5, 2024, 11:23 AM EDT) -- The U.S. Supreme Court recently held in Truck Insurance Exchange v. Kaiser Gypsum Co.[1] that an insurer with financial responsibility to pay claims filed against a debtor in its bankruptcy case is a "party in interest" under Section 1109(b) of the Bankruptcy Code and, accordingly, "may appear and be heard" in a Chapter 11 case, including for the purpose of objecting to a plan of reorganization.[2]...

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