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In re El Matador Inc.

In re El Matador Inc.

Ruling
Objection to Department of Labor judgment claim treated as request for subordination and denied.
Procedural posture

Debtor filed a petition under Chapter 11 of the Bankruptcy Code and the U.S. Department of Labor ("DOL") filed a claim against the debtor's bankruptcy estate, seeking payment of a judgment it obtained in federal district court. The debtor filed an objection to the claim, and the court treated the objection as a request for subordination under 11 U.S.C.S. § 510(c)(1) of a portion of the judgment the DOL obtained.

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Commercial opinion summary, case decided on March 17, 2011 , LexisNexis #0411-049