In re Geo. W. Park Seed Co.

Administrative super priority claim disallowed as released in settlement agreement.
Procedural posture: 
Movant creditor sought the allowance and payment of an administrative super-priority claim, under 11 U.S.C.S. § 507(a) and (b), on the basis that the adequate protection provided by the trustee for its claim secured by cash collateral had failed, causing it to suffer loss in its secured position. The chapter 11 trustee objected, asserting the creditor had released any such claim in a settlement agreement.
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Commercial case opionion summary, case decided on December 29,2010, LexisNexis #0311-116