Supreme Court Allows Insurer to Contest Asbestos Bankruptcy Deal

Published on June 6, 2024

The Supreme Court ruled unanimously on June 6 that an insurance company has standing to challenge a bankruptcy reorganization plan that it claims will leave it open to paying fraudulent asbestos exposure claims. The court’s 8-0 opinion, in Truck Insurance Exchange v. Kaiser Gypsum, was written by Justice Sonia Sotomayor. Justice Samuel Alito did not participate in the case. The oral argument on March 19 focused on whether Truck Insurance has legal standing in Kaiser Gypsum’s Chapter 11 bankruptcy reorganization plan considering that it will be liable for claims against the company. The plan would compel the insurer to cover many of the 14,000 or so claims made against Kaiser for as much as $500,000 per claim....

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ANALYSIS: If Poilievre Becomes PM, Would the Senate Be an Obstacle?

June 6, 2024
More than two-thirds of Canada’s current senators have been appointed by the Liberal government under Prime Minister Pierre Trudeau. They are technically independent, but how ideologically neutral the Senate may be is a matter of debate.If a Conservative government is elected next year, it may be impeded in various ways by an antagonistic Senate, says Ray Pennings, co-founder and executive vice pr

Israel Strikes Hamas Stronghold, as Hamas Alleges Attack on a UN School

June 6, 2024
Israel’s military struck a school in Gaza on June 6, which it said was a stronghold of the Hamas terrorist group with up to 30 Hamas fighters inside.The director of the Hamas-run media office in Gaza rejected Israel’s claims that the U.N. school in Nuseirat, in central Gaza, had hidden a Hamas command post. He alleged the strike killed more than two dozen civilians seeking shelter.According to Isr