In re A.C.E. Elevator Co., Inc.
United States Bankruptcy Court for the Southern District of New York
347 B.R. 473 (Bankr. S.D.N.Y. 2006)
Relevant factsFree
A.C.E. Elevator (debtor), under a collective-bargaining agreement, owed benefit plan contributions to the National Elevator Industry Benefit Plans calculated based on employee hours worked, but fell delinquent on those contributions before filing for bankruptcy; the Plans' trustees (plaintiffs) moved to compel payment of the delinquent contributions as administrative-priority expenses under the Bankruptcy Code.
IssueFree
Whether prepetition obligations, such as benefit plan contributions calculated on hours worked before a bankruptcy filing, are entitled to administrative priority under the Bankruptcy Code.