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Justices: Comp insurer does not get priority (access required)

Resolving a split in the federal circuits, the U.S. Supreme Court has held that a workers' compensation insurer is not entitled to priority status in bankruptcy court for premiums owed by the debtor. The justices voted 6-3 to reverse last year's 1-1-1 holding by the 4th U.S. Circuit Court of Appeals in favor of Zurich American ...