On Remand from the Supreme Court in Truck Ins., Fourth Circuit Upholds Confirmation
Fourth Circuit says there’s nothing in the Bankruptcy Code requiring ‘anti-fraud’ provisions in a mass tort chapter 11 plan. The appeals court also holds that an ‘asbestos’ plan isn’t filed in bad faith when the plan gives an insurer no more rights than the insurer has under its policy.
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Case Details
Case Citation
Truck Insurance Exchange v. Kaiser Gypsum Co. Inc. (In re Kaiser Gypsum Co. Inc.), 21-1858 (4th Cir. April 29, 2025)
Case Name
Truck Insurance Exchange v. Kaiser Gypsum Co. Inc. (In re Kaiser Gypsum Co. Inc.)
Case Type
Business