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· 12/27/1999

Williams v. IMC Mortgage Co. (In Re Williams)

Citations

  • 246 B.R. 591
  • 1999 WL 1295326
  • 1999 Bankr. LEXIS 1582

How courts have described this case

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

  • noting 13 that § 503(b) is not intended to provide an administrative 14 expense award to a prepetition secured lender based on the 15 debtor’s postpetition possession and use of collateral, and 16 citing cases
  • noting 13 that § 503(b) is not intended to provide an administrative 14 expense award to a prepetition secured lender based on the 15 debtor’s postpetition possession and use of collateral, and 16 citing cases
  • administrative claims are not deemed allowed when asserted; they must obtain an affirmative allowance by court order
  • postpetition mortgage payments, 22 although not due until after the filing of the petition, were an 23 obligation incurred prior to the creation of the estate, thus the 24 requirement that the administrative claim arise from a 25 postpetition transaction was not met
  • postpetition mortgage payments, 22 although not due until after the filing of the petition, were an 23 obligation incurred prior to the creation of the estate, thus the 24 requirement that the administrative claim arise from a 25 postpetition transaction was not met

Source: CourtListener parenthetical corpus (CC0).

Judges: Kressel, Dreher, Scott

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.