involuntary gap claim

Bankruptcy. A claim that accrues in the ordinary course of business after an involuntary bankruptcy petition has been filed but before the order for relief or the appointment of a trustee.

• The Bankruptcy Code gives priority to creditors with claims of this type to encourage creditors to continue dealing with a debtor until the debtor has a chance to challenge the involuntary petition. [Cases: Bankruptcy 2833. C.J.S. Bankruptcy § 240.]


专业法律词汇 词条贡献者
译者Eugina,毕业于一所旨在培养高级翻译专业人才的翻译院校,擅长翻译涉及国防和军工领域的法律文件。
Scroll to Top