CIT Communications Finance Corp. v. Midway Airlines Corp.
May 31, 2005OUTCOME: This seminal case in the U.S. Court of Appeals for the Fourth Circuit established a personal property lessor’s rights to an administrative claim for defaulted post-petition lease payments arising 61 days after the petition was filed.
Citation: 406 F.3d 229 (Case No. 04-1502, U.S. COA 4th Cir., May, 2005)
