SCHROEDER, Circuit Judge:
This is a bankruptcy appeal that involves interpretation of the Bankruptcy Code's provision affording the highest level of priority to claims for "administrative expenses." 11 U.S.C. § 507(a)(1).
Nearly three years before filing his bankruptcy petition, the debtor, David Abercrombie, prevailed in state court on a real estate contract claim. His adversary, Hayden Corporation, appealed. While the appeal wended its way through the...
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