- 11 U.S.C.
In re Leather Factory Inc.
Jun
09
2012
Ruling
Landlords' claims for "stub rent" were entitled to administrative priority.
Procedural posture
Objector's challenge to administrative claims of two ex-landlords of a chapter 11 debtor's stores raised issues per 11 U.S.C.S. § 365(d)(3) including whether rent for the period between the petition date and the date on which the first postpetition lease payment was due, known as "stub rent," was a prepetition unsecured claim or an 11 U.S.C.S. § 503 administrative claim and the proper application per 11 U.S.C.S. § 502 of security deposits.
ABI Membership is required to access the full summary of In re Leather Factory Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: