In re Ace Mortg. Funding LLC

Ruling: 
Landlord not entitled to administrative expense claim for rent due where landlord took possession and control of the premises.
Procedural posture: 
Before the court in debtor's Chapter 7 case was a motion filed by a landlord seeking allowance and payment as an administrative expense of unpaid post-petition rent pursuant to 11 U.S.C.S. § 503(b)(1)(A). The Chapter 7 trustee asserted two defenses to the motion.
Issue: 
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Commercial case opionion summary, case decided on April 27,2011, LexisNexis #0511-113