Value Family Properties-West Atlanta LLC v. Harrison (In re Value Family Properties-Atlanta LLC)
Mar
29
2010
Ruling
Claim for equity investment in debtor subordinated to general unsecured claims.
Procedural posture
Chapter 11 debtor-in-possession objected to a proof of claim filed by respondent creditor on the ground that the claim was based on an equity investment made by the creditor in the debtor and therefore, could not be an allowed unsecured claim but had to be subordinated to general unsecured claims pursuant to 11 U.S.C.S. § 510(b).
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Court
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