American Bankruptcy Institute Journal
08.02.2024
In the August issue of the American Bankruptcy Institute Journal, Britt Falabella and Caleb Chaplain, career law clerk to Judge Rebecca Connelly of the U.S Bankruptcy Court for the Western District of Virginia, discuss the recent Supreme Court case Truck Insurance Exchange v. Kaiser Gypsum Co., Inc.. This case struck down the insurance neutrality doctrine, finding that an insurer has standing to object to a chapter 11 plan even if the plan does not impair an insurer’s rights or increase its obligations.
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