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Lockwood Corp., Ch. 11, BK93-80133

Insurer lacked standing to surcharge bank's collateral under 11 U.S.C. section 506(c) for unpaid workers' comp premiums. Only a trustee may seek to surcharge for the expense of preserving or disposing of a secured creditor's collateral

Date: 
Thursday, November 16, 1995
Judge: 
Judge Timothy J. Mahoney (Retired)