Quantcast
Home / Opinion Digests / Bankruptcy – Administrative Expenses – Lease Termination – Res Judicata (access required)

Bankruptcy – Administrative Expenses – Lease Termination – Res Judicata (access required)

Where debtor furniture company earlier entered into a warehouse lease termination but failed to timely vacate the premises under the termination, and subsequently an involuntary Chapter 7 petition was filed, the landlord is entitled to pursue a claim for administrative rent, despite the trustee's contention that this claim previously was litigated. The trustee asserts that the ...