ELR Citation: ELR 20147
No(s). 91-25505 (Bankr. E.D. Va. Apr 20, 1993)

The court holds that a bank's environmental remediation costs, which stem from its cleanup of contaminated property in which it held a security interest, are entitled to administrative expense priority under Bankruptcy Code §503(b)(1)(A) in the debtor's Chapter 11 bankruptcy proceeding. The court f...