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• Supreme Court Resolves Issue Of Standing under Bankruptcy Code Section 506(c) ( July 2000 )
  Kathryn L. Turner and John J. Rapisardi of Weil, Gotshal & Manges LLP

  This article summarizes Hartford Underwriters Insurance Company v. Union Planters Bank whereby the Supreme Court resolved the standing issue by holding that non-trustee third parties do not have standing under section 506(c) of the Bankruptcy Code to surcharge a lien holder's collateral.

• Inequality Among Administrative Claimants ( August 1999 )
  Jay L. Lubetkin of Booker, Rabinowitz, Trenk, Lubetkin, Tully, DiPasquale & Webster, P.C.

  In the context of a Chapter 11 bankruptcy proceeding, generally speaking, administrative expenses are the post-peti.

• Lessors Entitled To A Chapter 11 Administrative Priority Claim for Rent under A Post-Bankruptcy Lease after A Chapter 7 Conversion ( July 1999 )
  Charles R. Sterbach of Gallagher & Kennedy, P.A.

  When a Chapter 11 debtor assumes a real property lease and then subsequently defaults, the lessor is granted an adm.