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Bankruptcy Code, International Trade Treaty Collide over Expense Status

It is inevitable that the Bankruptcy Code will sometimes intersect with international trade law, as it has done for decades with domestic commercial law. Those three domains recently came together in the context of a creditor's Section 503(b)(9) administrative expense claim, and a federal district court was called upon to sort out which body of law took precedence.

12 minute read October 14, 2016 at 10:01 AM
By
Michael J. Abatemarco and Anthony Michael Sabino
Bankruptcy Code, International Trade Treaty Collide over Expense Status

Global commerce makes the world a smaller place every day. It is therefore inevitable that the Bankruptcy Code will sometimes intersect with international trade law, as it has done for decades with domestic commercial law.

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