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Here, where, before filing for bankruptcy, the debtor entered into a written agreement with the claimant to share remediation costs for environmental contamination, but stopped paying its share after filing, the claimant has not met its burden of demonstrating that the debtor's share of postpetition remediation costs is entitled to administrative-expense priority under the Bankruptcy Code-it is a general, unsecured claim arising from the debtor's prepetition conduct not entitled to priority.
May 17, 2004 at 12:00 AM
1 minute read
Presented by BigVoodoo
New Jersey Law Journal honors lawyers leaving a mark on the legal community in New Jersey with their dedication to the profession.
This conference aims to help insurers and litigators better manage complex claims and litigation.
Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.
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