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

Year: 2024
Court: United States Supreme Court
Case Number: 22-1079

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.

Ann Kramer, Colin Wrabley, Andrew Muha, Luke Sizemore, and Paul Singer of Reed Smith

 


The information presented in this publication is for general informational purposes and is not a substitute for legal advice. If you have a specific legal issue or problem, United Policyholders recommends that you consult with an attorney. Guidance on hiring professional help can be found in the “Find Help” section of www.uphelp.org. United Policyholders does not sell insurance or certify, endorse or warrant any of the insurance products, vendors, or professionals identified on our website.

Source: https://uphelp.org/amicus-briefs/truck-insurance-exchange-v-kaiser-gypsum-company-inc-et-al/
Date: May 8, 2024