- 11 U.S.C.
In re Old Carco LLC
Jan
05
2010
Ruling
Claim for damages from termination of auto dealer's agreement and breach of repurchase obligations arose prepetition and was not an administrative expense.
Procedural posture
Before the court pursuant to 11 U.S.C.S. §§ 503(b)(1), 507(a)(2) was an automobile dealer's motion seeking administrative expense priority for damages sustained by the dealer as a result of the voluntary termination by the dealer of its sales and service agreements with the automobile manufacturer. Debtors opposed the motion.
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Court
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