Supreme Court Weighs Insurer Rights in Bankruptcy Mass Tort Cases

The U.S. Supreme Court considers the role of insurers in mass tort bankruptcy cases in Truck Insurance Exchange v. Kaiser Gypsum Company, Inc. This case questions whether insurers, as parties with significant financial interests, can object to Chapter 11 reorganization plans affecting their liability exposure. The outcome will impact insurers' ability to participate in resolving mass tort claims during bankruptcy proceedings, with broad implications for future cases. Find more information at the following link.