Analysis

Justices' Standing Ruling May Embolden Carriers In Ch. 11

By Ganesh Setty · June 6, 2024, 8:45 PM EDT

The U.S. Supreme Court said Thursday that an insurer with a responsibility for its policyholder's Chapter 11 bankruptcy claims can intervene in those bankruptcy proceedings, potentially giving insurers greater leverage in...

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Documents

Case Information

Case Title

Truck Insurance Exchange, Petitioner v. Kaiser Gypsum Company, Inc., et al.

Case Number

22-1079

Court

Supreme Court

Nature of Suit

3423 Bankruptcy Withdrawal 28 USC 157

Date Filed

May 05, 2023