- 11 U.S.C.
In re Koenigsberg
Jun
30
2011
Ruling
Prepetition interest on judgment based on guaranty of lease obligation allowed but subject to statutory cap.
Procedural posture
Debtor filed a petition under Chapter 7 of the Bankruptcy Code, and an LLC filed a claim against the debtor's bankruptcy estate. The court allowed the LLC's claim in part in the amount of $230,260, and the LLC filed a motion to modify the court's award which sought allowance of prepetition interest in the amount of $29,459.
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Court
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