Stub Rent Case Won't Go Before Supreme Court

Law360, New York (November 29, 2010, 3:00 PM EST) -- The U.S. Supreme Court has declined to consider Goody's Family Clothing Inc.'s challenge to a lower court's assertion that stub rent — unpaid rent for the period after a debtor files its bankruptcy case and before the first date when rent is due post-petition — must be sought as an administrative expense claim.

The high court denied the clothing retailer's petition for certiorari on Monday, giving no further details on its decision not to hear the appeal.

Goody's had asked the Supreme Court in September to...
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