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IN RE KAISER GYPSUM COMPANY, INC.

No. 21-1858.

60 F.4th 73 (2023)

IN RE: KAISER GYPSUM COMPANY, INC.; Hanson Permanente Cement, Inc., Debtors. Truck Insurance Exchange, Plaintiff-Appellant, v. Kaiser Gypsum Company, Inc.; Hanson Permanente Cement, Inc., Debtors-Appellees, and Lehigh Hanson, Inc., Defendant-Appellee, and Official Committee of Asbestos Personal Injury Claimants; Future Claimants Representative, Appellees.

United States Court of Appeals, Fourth Circuit.

Decided: February 14, 2023.

Attorney(s) appearing for the Case

ARGUED: Allyson Newton Ho , GIBSON, DUNN & CRUTCHER, LLP, Dallas, Texas, for Appellant. C. Kevin Marshall , JONES DAY, Washington, D.C.; Kevin C. Maclay , CAPLIN & DRYSDALE, CHARTERED, Washington, D.C.; Edwin J. Harron , YOUNG, CONAWAY, STARGATT & TAYLOR, Wilmington, Delaware, for Appellees. ON BRIEF: Michael A. Rosenthal , Michael K. Gocksch , New York, New York, David W. Casazza , Washington, D.C., Robert B. Krakow , Russell H. Falconer , Elizabeth A. Kiernan , Dallas, Texas, Matthew G. Bouslog , GIBSON, DUNN & CRUTCHER LLP, Irvine, California; Michael L. Martinez , GRIER WRIGHT MARTINEZ, PA, Charlotte, North Carolina; Scott R. Hoyt , PIA ANDERSON MOSS HOYT, LLC, Salt Lake City, Utah, for Appellant. Todd E. Phillips , James P. Wehner , CAPLIN & DRYSDALE, CHARTERED, Washington, D.C.; Sara (Sally) W. Higgins , Raymond E. Owens, Jr. , HIGGINS & OWENS, PLLC, Charlotte, North Carolina, for Appellee the Official Committee of Asbestos Personal Injury Claimants. James L. Patton, Jr. , Sharon M. Zieg , Sara Beth A.R. Kohut , YOUNG CONAWAY STARGATT & TAYLOR, LLP, Wilmington, Delaware; Felton E. Parrish , John M. "Jack" Spencer , ALEXANDER RICKS PLLC, Charlotte, North Carolina, for Appellee Lawrence Fitzpatrick the Future Claimants' Representative. Robert M. Horkovich , ANDERSON KILL PC, New York, New York for Appellees the Official Committee of Asbestos Personal Injury Claimants and the Future Claimants' Representative. Gregory M. Gordon , Amanda Rush , Dallas, Texas, Daniel C. Villalba , Washington, D.C., Paul M. Green , JONES DAY, Houston, Texas; Ross R. Fulton , John R. Miller, Jr. , RAYBURN COOPER & DURHAM, P.A., Charlotte, North Carolina, for Appellees Kaiser Gypsum Company, Inc. and Hanson Permanente Cement, Inc. Mark A. Nebrig , MOORE & VAN ALLEN PLLC, Charlotte, North Carolina, for Appellee Lehigh Hanson, Inc.

Affirmed by published opinion. Judge Agee wrote the opinion in which Judge King and Judge Quattlebaum joined.

This bankruptcy appeal involves a primary insurer's attempts to block its insureds' Chapter 11 reorganization plan (the "Plan"), which establishes a trust under 11 U.S.C. § 524(g) for current and future asbestos personal-injury liabilities. In adopting the bankruptcy court's recommendation to confirm the Plan, the district...

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