Truck Insurance Exchange v. Kaiser Gypsum Company, Inc., et al.
Year 2024
Court United States Supreme Court
Case Number 22-1079
  • Bankruptcy
  • North Carolina

In its amicus curiae brief, United Policyholders argues that an insurance company should not have the right to insert itself into the bankruptcy reorganization proceeding of its insured when the proposed reorganization has been found to be “insurance neutral.” An insurer’s attempts to gain broader participatory rights in the reorganization is ripe for abuse and does not serve the purposes of the bankruptcy code.