In re RNI Wind Down Corp.

Ruling: 
Claim by former officer of debtor for attorneys'fees received in SEC investigation was not subject to disallowance.
Procedural posture: 
A former officer of the corporate debtor filed a claim for indemnification and advancement of his defense costs incurred in a civil Securities Exchange Commission ("SEC") action in the Northern District of California, pursuant to debtor's corporate charter and Del. Code Ann. tit. 8, § 145. The plan administrator filed an objection seeking to disallow the claim pursuant to 11 U.S.C. § 502(e)(1)(B), as a contingent claim for reimbursement of debt.
Issue: 
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