News & Analysis as of September 17, 2024

Executory Contracts

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Are IRS Claims Junior to Receivership Administrative Expenses?

Ervin Cohen & Jessup LLP on 4/30/2024

Q: I was appointed receiver over a manufacturing facility. I operated it for a short time and then obtained court authority to sell it. I netted $1.4 million from the sale. The landlord agreed I could pay it the rent I owed...more

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Are IRS Claims Junior to Receivership Administrative Expenses?

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