In a series of recent decisions, the bankruptcy court for the Southern District of New York has broadly interpreted section 502(e)(1)(B) of the Bankruptcy Code in disallowing substantial claims arising in the context of: 1) liability for environmental remediation; or 2) complex environmental tort litigation that often ensues in cases of longstanding environmental pollution or contamination.
Litigating Complex Environmental Cases
In a series of recent decisions, the bankruptcy court for the Southern District of New York has broadly interpreted section 502(e)(1)(B) of the Bankruptcy Code in disallowing substantial claims in several contexts.
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Robert SidorskyThis premium content is locked for The Bankruptcy Strategist subscribers only
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