Request For Allowance & Payment of Section 503(b)(9) Administrative Claim

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About this template
The legal template titled "Request for Allowance & Payment of Section 503(b)(9) Administrative Claim" is a document that outlines a formal plea or demand made by a party to a bankruptcy case or a insolvency proceeding seeking the approval and disbursement of a specific type of claim under Section 503(b)(9) of the United States Bankruptcy Code.

Section 503(b)(9) of the Bankruptcy Code provides a priority treatment and potential reimbursement for certain vendors, known as "goods sellers," who have supplied goods to a debtor shortly before the commencement of a bankruptcy case. These claims are considered administrative expenses and are given higher priority compared to other unsecured claims. Typically, these claims cover the value of goods delivered within 20 days prior to the debtor's bankruptcy filing or within the post-petition period, if the debtor remains in business.

The template would likely contain sections and provisions addressing important details such as the specifics of the bankruptcy case, the nature of the claimant's goods sales and delivery, the dates of the delivered goods, and supporting documentation to substantiate the claim. It may also include information on the bankruptcy court's jurisdiction, the hearing dates, and the deadline for filing such a claim.

By utilizing this template, the claimant or their legal representative can effectively present their claim to the bankruptcy court, asserting their entitlement to priority payment for the goods provided to the debtor during the specified period. The template serves as a standardized framework, setting out the required information, format, and language necessary for the proper submission of this type of claim in accordance with bankruptcy laws and regulations.
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Genie AI

Filename

request-for-allowance-payment-of-section-503-b-9-administrative-claim.docx

Cost

Free to use

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This document is likely to be relevant to all sectors: Agriculture, Forestry and Fishing; Mining; Construction; Manufacturing; Transport; Energy; Wholesale; Retail; Finance; Insurance; Real Estate; Legal Services; Consumer, Public & Health Services; Education; Media; Consultancy; Technology; Public Administration; Sport & Entertainment; Other
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