Uniform Commercial Code Law Journal
The rights of creditors and equity security holders to share in a distribution of the debtor's estate or otherwise participate in the bankruptcy case depend, under new Bankruptcy Code, upon whether their claims or interests are "allowed." The authors explain all the various aspects of the question of allowability of claims under the new Code by focusing on such issues such as the procedures for the allowance of claims and equity interests; the grounds for dis-allowance of claims, expenses, and secured claims; the seller's right to reclaim goods; and the types of unsecured claims and expenses which are entitled to priority in distribution over other unsecured claims.
Benjamin Weintraub and Alan N. Resnick,
Allowance of Claims and Priorities Under the New Bankruptcy Code, 12 UCC L.J. 291
Available at: https://scholarlycommons.law.hofstra.edu/faculty_scholarship/518