- 11 U.S.C.
In re Premier Entmt Biloxi LLC
Apr
29
2009
Ruling
Claim for "liquidated damages" for debtor's breach of lease after hurricane Katrina was subject to cap.
Procedural posture
Debtor corporations filed petitions under chapter 11 and a lessor filed a proof of claim for the principal sum of $ 136,429. The debtors filed an objection to the lessor's claim, contending that the claim was subject to the statutory cap contained in 11 U.S.C.S. § 502(b)(6).
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Court
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