- 11 U.S.C.
Supplee v. Bethlehem Steel Corp. (In re Bethlehem Steel Corp.)
Mar
02
2007
Ruling
Claim for lump sum payment of retirement benefits to employee terminated by debtor was not entitled to administrative priority.
Procedural posture
Contending that a portion of the early retirement benefits that became due when he was terminated without cause by appellee debtor was entitled to administrative priority under 11 U.S.C. § 507(a)(1), appellant former employee sought review of a judgment of the District Court for the Southern District of New York affirming the bankruptcy court's determination that the payment at issue was not an administrative expense.
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