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Keach v. New Brunswick Southern Railway Co.

Petition for certiorari denied on November 16, 2020

Docket No. Op. Below Argument Opinion Vote Author Term
20-310 1st Cir. N/A N/A N/A N/A OT 2020

Issue: Whether the "six months rule" " which grants a special priority to certain unsecured claims of creditors that provided goods or services necessary to a railroad"s operation, in reliance on payment out of the railroad"s current income, in the six months before the receivership " entitles unsecured claims for necessary operating expenses incurred by a railroad in the six months before bankruptcy to priority of payment if the railroad has not diverted any income away from the payment of such claims to pay secured creditors.