Bankruptcy
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LIABILITY INSURERS MAY OBJECT TO THEIR INSUREDS’ CHAPTER 11 PLANS
Section 1109(b) of the federal Bankruptcy Code provides that “A party in interest . . . may raise and may appear and be heard on any issue in a case under this chapter.”[1] Chapter 11 of the Code, where this provision is found, allows for the reorganization of a financially troubled business organization pursuant to Continue reading
