In re BH S&B Holdings LLC

Ruling: 
Deferred payment obligations under rejected leases were general unsecured claims.
Procedural posture: 
Debtors filed for chapter 11 relief and rejected two leases. Under 11 U.S.C.S. §§ 365 and 503, the landlords filed proofs of claim seeking administrative expense status for payments due upon the termination of two leases, as well as for rent, maintenance, real estate taxes, and utility charges. The debtors, debtors-in-possession, and the official committee of unsecured creditors objected to the proofs of claim.
Issue: 
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Commercial case opionion summary, case decided on April 07,2010, LexisNexis #0610-045