- 11 U.S.C.
In re Alper Holdings USA
Sep
10
2008
Ruling
Objection to claim for costs of defense of possible future environmental claims against debtor's former subsidiary sustained.
Procedural posture
Debtor corporation filed a petition under chapter 11 of the Bankruptcy Code, and claimant, a company that purchased assets belonging to a business that became the debtor's subsidiary, filed claims against the debtor's bankruptcy estate. The debtor asked the court to disallow the claims, pursuant to 11 U.S.C.S. § 502(e)(1)(B), , in the alternative, to determine the amount of the claims.
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Court
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