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Many have written about the U.S. Supreme Court case, Truck Insurance Exchange v. Kaiser Gypsum Co. Inc., which concerned the rights of an insurer like Truck to object to its policyholder's proposed bankruptcy plan of reorganization. In this article published by Law360, David Goodwin and Billie Mandelbaum discuss the California Supreme Court's ruling, where both Truck and California policyholders prevailed, at the expense of excess insurers: https://okt.to/PesCjc

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