My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2016-04-25_GENERAL DOCUMENTS - C1982056 (12)
DRMS
>
Day Forward
>
General Documents
>
Coal
>
C1982056
>
2016-04-25_GENERAL DOCUMENTS - C1982056 (12)
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/24/2016 6:21:05 PM
Creation date
4/26/2016 1:13:53 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1982056
IBM Index Class Name
General Documents
Doc Date
4/25/2016
Doc Name
Motion of the Debtors and Debtors in Possession Pursuant to Sections
From
United State Bankruptcy
To
DRMS
Permit Index Doc Type
General Correspondence
Email Name
MPB
JRS
JLE
Media Type
D
Archive
No
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
31
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Case 16-42529 Doc 28 Filed 04/13/16 Entered 04/13/16 11:32:40 Main Document <br />Pg 17 of 31 <br />11 U.S.C. § 105(a). The purpose of section 105 of the Bankruptcy Code is to ensure the <br />bankruptcy court has the power to take whatever action "is appropriate or necessary in aid of the <br />exercise of [its] jurisdiction." 2 Collier on Bankruptcy ¶ 105.01 (Alan N. Resnick & Henry J. <br />Sommer eds., 16th ed. 2015). "Under [section 105 of the Bankruptcy Code,] the court can <br />permit pre -plan payment of a pre-petition obligation when essential to the continued operation of <br />the debtor." In re NVR L.P., 147 B.R. 126, 127 (Bankr. E.D. Va. 1992) (citing In re Ionosphere <br />Clubs, Inc., 98 B.R. 174, 177 (Bankr. S.D.N.Y. 1989)). <br />34. Under the "doctrine of necessity," courts allow the immediate payment of <br />prepetition claims where such payment is essential to the debtor's continued operations. <br />See In re Wehrenberg, Inc., 260 B.R. 468, 469 (Bankr. E.D. Mo. 2001) ("Pursuant to <br />11 U.S.C. § 105(a) the Court may authorize the payment of prepetition claims when such <br />payments are necessary to the continued operation of the Debtor."); In re United Am., Inc. <br />327 B.R. 776, 782 (Bankr. E.D. Va. 2005) (acknowledging the existence of the doctrine of <br />necessity "because otherwise there will be no reorganization and no creditor will have an <br />opportunity to recoup any part of its pre-petition claim"); accord In re Boston & Me. Corp., <br />634 F.2d 1359, 1382 (1 st Cir. 1980) (recognizing the existence of a judicial power to authorize <br />trustees to pay claims for goods and services that are indispensably necessary to the debtors' <br />continued operation). <br />35. The Debtors' ability to pay Essential Supplier Claims, in the Debtors' discretion, is <br />critical to the ongoing operation of their businesses, as discussed above, and, therefore, necessary <br />to their successful reorganization. The specific rationale for considering each category of <br />suppliers and service providers as essential is set forth in detail above. In the case of nearly all of <br />-17- <br />
The URL can be used to link to this page
Your browser does not support the video tag.