On May 8, 2012, the U.S. Bankruptcy Court for the District of Delaware (the “Court”) entered its Order (the “Order”) Establishing Procedures to Assert Claims Arising under Section 503(b)(9) of the Bankruptcy Code (“503(b)(9) Claims”) in the chapter 11 cases of AFA Investment, Inc. and its affiliated debtors (collectively, the “Debtors”) (Bankr. D. Del. 12-11127
11 U.S.C. 503(b)(9)
Decision in Goody’s Holds That Administrative Claims Under 503(b)(9) Apply to Goods, Not Services
By Fox Rothschild LLP on
Introduction
The Honorable Christopher S. Sontchi, presiding over the Goody’s bankruptcy in the United States Bankruptcy Court for the District of Delaware, issued a decision recently regarding the scope of administrative claims under 11 U.S.C. 503(b)(9). Section 503(b)(9) provides that after notice and a hearing, there shall be an allowed administrative expense claim for…