Type<*> is inferred now if Type<A> and Type<B> common supertype is Type<X> and X is not within parameter upper bound. #KT-7585 Fixed. #EA-68943 Fixed.

It provides also a fix for KT-7585 (empty type intersection assertion).
A set of relevant tests, one fixed test

compiler/testData/diagnostics/testsWithStdLib/kt7585/delegate.kt

@@ -0,0 +1,73 @@
+// FILE: Base.java
+
+interface Base {}
+
+// FILE: Other.java
+
+interface Other {}
+
+// FILE: Derived.java
+
+final class Derived<T> implements Base, Other {}
+
+// FILE: Exotic.java
+
+final class Exotic implements Base, Other {
+
+    int x;
+
+    Exotic(int x) {
+        this.x = x;
+    }
+}
+
+// FILE: Properties.java
+
+import kotlin.jvm.functions.Function0;
+
+class Val<T> {
+
+    Function0<T> initializer;
+
+    Val(Function0<T> initializer) {
+        this.initializer = initializer;
+    }
+
+    T get(Object instance, Object metadata) {
+        return initializer.invoke();
+    }
+}
+
+class Properties {
+    static <T> Val<T> calcVal(Function0<T> initializer) {
+        return new Val<T>(initializer);
+    }
+}
+
+// FILE: My.kt
+
+open class Wrapper<out T: Base>(val v: T)
+
+class DerivedWrapper(v: Derived<*>): Wrapper<Derived<*>>(v)
+
+class ExoticWrapper(v: Exotic): Wrapper<Exotic>(v)
+
+object MyBase {
+
+    fun derived() = Derived<String>()
+    fun exotic(x: Int) = Exotic(x)
+
+    fun derivedWrapper() = DerivedWrapper(derived())
+    fun exoticWrapper(x: Int) = ExoticWrapper(exotic(x))
+}
+
+class My(val x: Int) {
+    val wrapper/*: Wrapper<*>*/ by Properties.calcVal {
+        val y = x + 1
+        when {
+            y > 0 -> MyBase.derivedWrapper()
+            x < 0 -> MyBase.exoticWrapper(x)
+            else  -> throw java.lang.NullPointerException("")
+        }
+    }
+}