• The $382,901 Check Really is in the Mail
  • May 30, 2013 | Author: David H. Conaway
  • Law Firm: Shumaker, Loop & Kendrick, LLP - Charlotte Office
  • We recently delivered a $382,901 check to a client in payment of a Bankruptcy Section 503(b)(9) claim, known as a “20-day administrative” claim. The claim arose from the client’s pre-petition sale of goods to its customer. General unsecured creditors received nothing.