Allegheny International, Inc. v. Metropolitan Life Insurance

MEMORANDUM OPINION

COHILL, Chief Judge.

Before the Court is Allegheny International’s appeal from the bankruptcy court’s determination that certain claims filed against it by Metropolitan Life Insurance Company are entitled to priority under section 507(a)(4) of the Bankruptcy Code. For the following reasons, we will affirm the decision of the bankruptcy court.

I. BACKGROUND

The relevant facts of this case are not in dispute. Allegheny International, Inc., now Sunbeam-Oster Company, Inc. (“AI”), filed a petition for Chapter 11 Bankruptcy protection on February 20, 1988 (the “filing date”). Prior…