Alan D. Halperin as Plan Administrator in Century 21Bankuptcy Case Secures Major Victory in Calculation of Landlord Rejection Damages

Alan D. Halperin, the Plan Administrator in the Century 21 bankruptcy cases secured a major victory in how rejection damages are calculated. Contrary to standing precedent, the Bankruptcy Court adopted the “rent” based calculation urged by the Plan Administrator thereby reducing the total claims against the estate. A copy of the decision may be accessed here https://www.nysb.uscourts.gov/sites/default/files/opinions/304481_1359_opinion.pdf