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Showing 3 posts in Existence of Claim.

Lack of “Scientific Certainty” Does Not Excuse Late Filing of a Proof of Claim

In re W.R. Grace & Co., No. 01-1139 (KG) (Bankr. D. Del. Dec. 28, 2016)

In this Opinion involving the standards for determining whether a party held an asbestos claim and excusable neglect for filing a late claim, the Court rejected Plum Creek Timber Co.’s (the “Claimant”) argument that it lacked “scientific certainty” with respect to its asbestos-related claim against W.R. Grace & Co. (together with its affiliated debtors, the “Debtors”).  Where the Claimant received actual and publication notice of the bar date in the case, the Court found the Claimant should have timely filed its claim even if it was contingent at the time of filing.  The Court also held that the Claimant did not satisfy the standards for excusable neglect and, as a result, granted the Debtors’ motion to enforce the discharge and injunction. Read More ›

IRS Not Required to File Proof of Claim for Certain Taxes Arising From Employee Wages Earned Pre-petition But Paid Post-petition

In re Goody’s LLC, No. 09-10124 (CSS) (Bankr. D. Del. May 13, 2014)

A recent Opinion issued by Judge Sontchi analyzed a motion filed by the debtors in In re Goody’s LLC to enforce plan injunctions and determine liability for certain employment taxes.  The issue in Goody’s centered on the post-petition payment of allowed pre-petition wage claims. Read More ›

Third Circuit Extends and Applies Broad Definition of “Claim” Beyond Common Law Tort Actions

In re Ruitenberg, 745 F.3d 647 (3d Cir. 2014)

The Honorable Thomas L. Ambro penned this short Opinion, applying the broad definition of a “claim” from In re Grossman’s, which was in the context of tort-related claims, to a non-debtor spouse’s claim for an equitable share of marital property pending divorce proceedings from her debtor-husband.  In so holding, the Third Circuit further rejected the narrower In re Frenville accrual test. Read More ›