U.S. Supreme Court Justice Samuel Alito sat out of a unanimous decision this week in a case involving insurance claims and bankruptcy.On Thursday, the U.S. Supreme Court issued a ruling in Truck Insurance Exchange v. Kaiser Gypsum Co., Inc., et al., which focused on bankruptcy claims amid asbestos-related lawsuits.The court reached a unanimous decision in the case, but Alito sat out of hearing the arguments.
'Alito also said that the flag was placed in part of a 'very nasty neighborhood dispute.'Newsweek reached out to the U.S. Supreme Court via email for comment.The Supreme Court ruled on Thursday that insurers with financial responsibility for bankruptcy claims are considered 'parties in interest' under Chapter 11 bankruptcy proceedings. This decision allows Truck Insurance Exchange to object to the reorganization plan of Kaiser Gypsum Co.
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