Supreme Court Denies Priority Status For Workers' Compensation Premiums

Law360, New York (September 11, 2006, 12:00 AM EDT) -- In a recent decision, the U.S. Supreme Court clarified an important issue to workers' compensation insurers holding that pre-petition unpaid workers' compensation premiums are not entitled to priority status under the Bankruptcy Code. Howard Delivery Service, Inc., et. al v. Zurich American Ins. Co., 126 S.Ct. 2105 (2006)....

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