Legal Opinion
In Re Patco Photo Corp.
United States Bankruptcy Court, E.D. New York
Decided February 3, 1988No. 8-19-71038PublishedCited by 17 opinions
1Opinion of the Court
DECISION AND ORDER
CONRAD B. DUBERSTEIN, Chief Judge.
Before the court is a motion brought by the debtor seeking to reclassify, as general unsecured claims, not subject to priority, the interest and penalty portions of priority tax claims heretofore filed by the federal and state taxing authorities. For the reasons stated below, the court holds that: (1) penalties and interest on post-petition taxes are afforded priority status as administrative expenses along with the underlying debt; and (2) interest on pre-petition taxes is entitled to priority status, but pre-petition penalties are…
2Cases cited23 opinions
- Nicholas v. United StatesSupreme Court of the United States · 1966
- United States v. Friendship College, Inc., in Re Friendship College, Inc., DebtorCourt of Appeals for the Fourth Circuit · 1984
- Razorback Ready-Mix Concrete Co. v. United States (In Re Razorback Ready-Mix Concrete Co.)United States Bankruptcy Court, E.D. Arkansas · 1984
- In Re New England Carpet Co., Inc.United States Bankruptcy Court, D. Vermont · 1983
- Matter of Lumara Foods of America, Inc.United States Bankruptcy Court, N.D. Ohio · 1985
18 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- In Re Burden, Wilfred, H., A/K/A Burden, Wilfred, H., Jr., T/a Burden's Janitorial Service & Supply Company v. The United States of AmericaCourt of Appeals for the Third Circuit · 1990
- In Re HenderbergUnited States Bankruptcy Court, N.D. New York · 1989
- In Re CranerUnited States Bankruptcy Court, N.D. New York · 1988
- In Re Standard Johnson Co., Inc.United States Bankruptcy Court, E.D. New York · 1988
- Varsity Carpet Services, Inc. v. Richardson (In re Colortex Industries, Inc.)Court of Appeals for the Eleventh Circuit · 1994
12 more not listed; retrieve them via the Exa API.