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In re Parrott Broad. Ltd. Pship

In re Parrott Broad. Ltd. Pship

Ruling
Claim disallowed where state law waiver of claim for unpaid wages was effective.
Procedural posture

A chapter 7 trustee in a case filed by a limited partnership (LP) filed an objection to an amended proof of claim filed by a chapter 7 trustee in the bankruptcy case of the LP's general manager. The claim alleged that the LP owed the general manager unpaid wages, asserted a right to priority under 11 U.S.C.S. § 507(a)(4), asserted statutory penalties on unpaid wages under Idaho Code Ann. § 45-615(2), and asserted a claim for an unsecured loan.

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Commercial opinion summary, case decided on June 26, 2013 , LexisNexis #0713-083