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The Benefits Priority Cap of ' 507(a)(5)

Thirty years after the enactment of BAPCPA, there are still unresolved issues that arise from time to time under the pre-BAPCPA Bankruptcy Code. One such issue involves the proper application of the statutory priority cap found in Bankruptcy Code ' 507(a)(5), including its interplay with ' 507(a)(4).

25 minute read May 27, 2008 at 09:10 AM
By
Andrew L. Turscak And Curtis L. Tuggle
The Benefits Priority Cap of ' 507(a)(5)

Understandably, a good deal of excitement and controversy remains over the relatively recent reforms brought about by BAPCPA, many of which have not been tested thoroughly (and some, not at all) since BAPCPA's enactment.

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