By Jeffrey Prol, Brent Weisenberg and Chelsea Frankel ( February 6, 2025, 9:53 PM EST) -- The U.S. Supreme Court's 2024 decision in Truck Insurance Exchange v. Kaiser Gypsum Co. was not the sea change moment insurers of bankrupt debtors advertised it to be.[1] Rather, as we argued in a Law360 guest article last year, the standing requirements that litigants in all federal cases must satisfy before they may be heard — statutory, constitutional and prudential — remain unaltered....
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