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Morrison v. SL Liquidating Inc. (In re SL Liquidating Inc.)

Morrison v. SL Liquidating Inc. (In re SL Liquidating Inc.)

Ruling
Claim against rabbi trust was not entitled to priority treatment.
Procedural posture

When claimant, a former employee of debtor, sought priority treatment for his claim against a "rabbi trust" maintained by debtor, the administrator of debtor's post-consummation trust, asserted an objection on the basis that claimant was not entitled to priority under 11 U.S.C.S. § 507.

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Commercial opinion summary, case decided on February 06, 2012 , LexisNexis #0312-044