McMillan v. LTV Steel Inc.

Pre 2005-Act: 
Pre 2005-Act
Ruling: 
Employee's administrative expense claim for retirement benefits properly denied as he became entitled to the benefits prior to petition date.
Procedural posture: 
Debtor employer filed a voluntary petition for chapter 11 bankruptcy. Plaintiff retired employee was granted leave to file administrative expense claims for unpaid pension funds, severance benefits, and backpay under 11 U.S.C.S. § 503(a). The District Court for the Northern District of Ohio upheld the bankruptcy court's denial of the employee's claim based on the employer's objection. The employee appealed.
Issue: 
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Commercial case opionion summary, case decided on February 05,2009, LexisNexis #0309-103