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§ 502(b)(3)

In re Intercoastal Contr. Inc.

Ruling
Claim secured by overencumbered property that did not generate value to the estate disallowed on debtor's objection.
Issue(s)
Whether a county's tax claim, which was the result of a pre-petition assessment upon chapter 11 debtor's equipment, should be disallowed under 11 U.S.C.S. § 502(b)(3).

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Commercial opinion summary, case decided on June 04, 2015 , LexisNexis #1015-113

In re 300 Wash. St. LLC

Ruling
City's ad valorem tax claim disallowed to the extent exceeding value of debtor's property.
Issue(s)
Should chapter 11 case be dismissed or was city entitled to relief from stay to foreclose on debtor's vacant building?

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Commercial opinion summary, case decided on March 31, 2015 , LexisNexis #0415-081

In re Van Beckum

Ruling
Property tax claim disallowed as in excess of value of real property.
Procedural posture

The chapter 13 debtors objected to the proofs of secured claim filed by the county for delinquent property taxes and penalties and by the sanitary district for sewer and water charges.

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Consumer opinion summary, case decided on January 15, 2009 , LexisNexis #0309-007

In re NVF Co.

Ruling
Claim for utility charges and city property taxes on abandoned property allowed.
Procedural posture

The creditor city and city utility filed a claim in the debtors'chapter 11 bankruptcy case for past due utility charges and property taxes. The debtors and the general unsecured creditors plan trustee moved to disallow, reduce, or reclassify the claims after the property upon which the taxes were assessed was abandoned. The creditors opposed the motion.

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Commercial opinion summary, case decided on September 26, 2008 , LexisNexis #1008-095

In re Harrison

Ruling
Unsecured claim by county treasurer for unpaid personal property tax allowed over trustee's objection.
Procedural posture

A debtor filed for bankruptcy relief and a county treasurer filed an unsecured claim on behalf of the county for unpaid personal property taxes in the amount of $663. A trustee objected to the claim.

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Consumer opinion summary, case decided on April 07, 2008 , LexisNexis #0608-075