Skip to main content

§ 507(b)

Bennett, In re

Ruling
Creditor was not entitled to a super-priority administrative expense claim as adequateprotection payments to the creditor had ceased more than two years before the car was taken.(Bankr. M.D. Ala.)
Issue(s)
Priorities; Secured Creditor's Claim for Inadequacy of Adequate Protection.

ABI Membership is required to access the full summary of Bennett, In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Consumer opinion summary, case decided on November 30, 2023 , LexisNexis #0224-009

Mandile, In re

Ruling
Debtor’s failure to make adequate protection payments did not entitle the creditor to anallowable administrative expense for the use of its property. (Bankr. N.D. Ill.)
Issue(s)
Priorities; Secured Creditor's Claim for Inadequacy of Adequate Protection.

ABI Membership is required to access the full summary of Mandile, In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Consumer opinion summary, case decided on April 23, 2021 , LexisNexis #0621-033

Specialty Retail Shops Holding Corp., In re

Ruling
Creditor was not entitled to a superpriority administrative expense claim for reclamationrights as lenders prior rights rendered the claim valueless. (Bankr. D. Neb.)
Issue(s)
Priorities; Secured Creditor's Claim for Inadequacy of Adequate Protection.

ABI Membership is required to access the full summary of Specialty Retail Shops Holding Corp., In re Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on August 30, 2019 , LexisNexis #1019-081

In re Genesis Press Inc.

Ruling
Request for super priority status for administrative expense claim for postpetition lease payments denied.
Issue(s)
Was creditor entitled to super priority treatment of administrative expense claim for postpetition lease payments.

ABI Membership is required to access the full summary of In re Genesis Press Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on January 02, 2014 , LexisNexis #0214-012

In re Netal Inc.

Ruling
IRS was not entitled to superpriority administrative expense status for diminution claim where union benefits claim was superior.
Procedural posture

The IRS filed an application for approval of its super-priority administrative expense claim under 11 U.S.C.S. § 507(b). Two union benefit plans covering the chapter 7 debtor's employees objected to the application on the grounds that the debt owed to them for plan contributions that should have been made within 180 days prior to the bankruptcy filing took priority over the IRS's super-priority claim under 11 U.S.C.S. § 724(b).

ABI Membership is required to access the full summary of In re Netal Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on September 26, 2012 , LexisNexis #1012-081

In re Mary Holder Agency Inc.

Ruling
Creditor not entitled to superpriority administrative expense claim for replacement liens absent showing of decline in value of cash collateral.
Procedural posture

A creditor filed a motion to establish a superpriority administrative expense claim under 11 U.S.C.S. §§ 503(b) and 507(b).

ABI Membership is required to access the full summary of In re Mary Holder Agency Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on September 24, 2012 , LexisNexis #1012-123

Bank of N.Y. Trust Co. v. Pacific Lumber Co. (In re Scopac)

Ruling
Bankruptcy court undervalued superpriority administrative expense claim of creditors whose cash collateral was used to preserve value of estate.
Procedural posture

Debtor company sought Chapter 11 reorganization. Plaintiff creditors filed a motion for a 11 U.S.C.S. § 507(b) superpriority administrative expense claim. The bankruptcy court denied motion. A stay was not granted; direct appeal was. The United States District Court for the Southern District of Texas dismissed the creditors' appeal. The creditors sought review.

ABI Membership is required to access the full summary of Bank of N.Y. Trust Co. v. Pacific Lumber Co. (In re Scopac) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on October 19, 2010 , LexisNexis #1110-044

In re Lincolnshire Campus LLC

Ruling
Trustee granted a perfected continuing replacement lien and security interest and a super- priority administrative expense claim as adequate protection for debtor's use of cash collateral.
Procedural posture

Pursuant to an agreement between the debtor-in-possession and the indenture trustee for its bonds, the court considered a proposed order regarding the use of cash collateral and adequate protection.

ABI Membership is required to access the full summary of In re Lincolnshire Campus LLC Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Commercial opinion summary, case decided on July 28, 2010 , LexisNexis #0111-121

In re University Center Hotel Inc.

Ruling
Posting of supersedeas bond sufficient to make creditor whole made superpriority status for claim unnecessary.
Procedural posture

A creditor filed an application, pursuant to 11 U.S.C. § 507(b), for superpriority treatment of its general administrative expense claim against a bankruptcy debtor based on a failure of adequate protection.

ABI Membership is required to access the full summary of In re University Center Hotel Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

opinion summary, case decided on July 05, 2006 , LexisNexis #0906-055