When Does a Post-Petition Ordinary-Course Expense Become a Dischargeable Claim?

In his American Bankruptcy Institute Journal article, Douglas Candeub discusses the Third Circuit’s ruling in Wright v. Owens Corning. The case highlights the potential for post-petition transactions, such as warranties, to be discharged under a confirmed Chapter 11 plan, leaving purchasers without recourse. Doug's article emphasizes the risks creditors and buyers face in such situations.

Read the full article here.