"Supreme Court Unanimously Backs Insurers in Bankruptcy Challenge"
U.S. Supreme Court Justice Samuel Alito abstained from participating in a unanimous decision regarding bankruptcy claims in the case of Truck Insurance Exchange v. Kaiser Gypsum Co. The court ruled that insurers with financial responsibility for bankruptcy claims are considered "parties in interest" under Chapter 11 proceedings, allowing them to object to reorganization plans. Alito did not provide a reason for his absence, which follows recent criticism over an incident involving an upside-down American flag outside his home.
