Matthew Kremer

Matthew Kremer

November 02, 2022 | New York Law Journal

SDNY Clarifies Availability of Administrative Priority for Postpetition Contract Breaches

The District Court's holding reverses some of the potentially harmful consequences of the lower court's decision—which, if affirmed, would have undermined the Bankruptcy Code's statutory protections intended to encourage parties to transact with debtors in bankruptcy.

By John J. Rapisardi and Matthew Kremer

10 minute read