A claim granted special priority status to a claim arising after a bankruptcy filing occurs, allowing for such claim to be paid ahead of all other pre- and postpetition claims, including administrative and priority claims. In other words, a superpriority claim is a claim that trumps other administrative claims.

Superpriority claims may be administrative in nature (such as a professional fee carveout) or a secured claim, such as the claim of a lender providing postpetition DIP financing to a debtor.

« Back to Glossary