Administrative Expense Claims
Bankruptcy Judge Wiles politely says that the Sixth Circuit reached the correct result for the wrong reason.
Sanctions weren’t justified for attempting to collect a time-barred tax claim.
A crisis befalls smaller companies that can’t afford the huge increase in U.S. Trustee fees.
The appeals court barred the secured lenders from renegotiating a carveout when a chapter 11 reorganization failed.
Super priority claims are not created under Section 503(b) and therefore don’t take a back seat to chapter 7 administrative claims.