In Re Farley, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• concluding whether the debtor is solvent is “irrelevant” under § 502(b)
• “[T]he solvency question is not a material issue of fact which would have any effect on determination of the statutory cap under § 502(b)(6).”
• “For purposes of applying § 502(b)(6) to a landlord’s claim, it is not legally relevant whether the debtor is defined as ‘tenant’ or as ‘guarantor’ of the lease.”
• “It is irrelevant to analysis under § 502(b)(6) whether [debtor] is solvent or insolvent, or whether other creditors will receive a windfall at [creditor’s] expense. Congress presumably weighed those considerations, and the § 502(b)(6

Source: CourtListener parenthetical corpus (CC0).