( October 2, 2023, 3:03 PM EDT) -- WASHINGTON, D.C. — The Fourth Circuit U.S. Court of Appeals’ ruling that the primary insurer of Chapter 11 asbestos debtors Kaiser Gypsum Co. Inc. and Hanson Permanente Cement Inc. lacks standing to challenge the debtors’ reorganization plan “exacerbates a conflict among the [U.S. circuit courts] and defies the straightforward text of the Bankruptcy Code,” the insurer says in a reply brief in support of its petition for certiorari in the U.S. Supreme Court....