On Remand From Supreme Court, 4th Circuit Approves Kaiser Debtors’ Reorganization

( April 30, 2025, 3:17 PM EDT) -- RICHMOND, Va. — The plan of reorganization of Chapter 11 debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. was proposed in good faith and satisfies the asbestos bankruptcy requirements of Section 524(g) of the U.S. Bankruptcy Code, a Fourth Circuit U.S. Court of Appeals panel held April 29 in affirming the plan’s confirmation on remand from the U.S. Supreme Court....

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