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In re Hall's Quality Masonry, Inc. (Case No. 07-62277) 10/17/2008

The Court held that under In re JKJ Chevrolet, 26 F.3d 481 (4th Cir. 1994), if the funds remaining in a bankruptcy estate are insufficient to satisfy all of the claims of a particular class, the funds are to be divided among the claimants of the class on a pro rata basis.

Date: 
Friday, October 17, 2008
Category: 
Classification of Claims
Priority Claim
Chapter: 
11