superpriority
superpriority
The granting, to a post-petition claim, of a priority right to payment above all other pre- and post-petition claims.
also see Credit, Post-Petition (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

superpriority
The granting, to a post-petition claim, of a priority right to payment above all other pre- and post-petition claims. also see Credit, Post-Petition

US Bankruptcy 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

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  • credit, post-petition — The debtor in possession is allowed to incur unsecured debt in the ordinary course of business without prior court approval. Such debt will be considered a post petition claim, also referred to as an administrative expense claim. To have the new… …   Glossary of Bankruptcy

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  • administrative expense — USA administrative claim, Also known as administrative expense claim and administrative expense. A claim for expenses incurred with court approval for the actual and necessary costs of preserving the estate, after the filing of a bankruptcy… …   Law dictionary

  • administrative expense claim — USA administrative claim, Also known as administrative expense claim and administrative expense. A claim for expenses incurred with court approval for the actual and necessary costs of preserving the estate, after the filing of a bankruptcy… …   Law dictionary

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