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The Supreme Court resolved two problems deeply dividing the federal circuits by refusing to read into the bankruptcy code what was not expressly there. The Court held that only the trustee for a bankruptcy estate -- and not an insurance company -- can recover administrative expenses. On the same day, the justices held that bankruptcy does not change the burden of proof on a tax claim.
June 05, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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