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UNITED STATES v. RON PAIR ENTERPRISES, INC.

No. 87-1043.

489 U.S. 235 (1989)

109 S.Ct. 1026

103 L.Ed.2d 290

UNITED STATES v. RON PAIR ENTERPRISES, INC.

Supreme Court of United States.

Decided February 22, 1989

Attorney(s) appearing for the Case

Deputy Solicitor General Wallace argued the cause for the United States. With him on the briefs were Solicitor General Fried, Assistant Attorney General Rose, Alan I. Horowitz, Wynette J. Hewett, and Martha B. Brissette.

I. William Cohen argued the cause for respondent. With him on the brief was Michael H. Traison.*

JUSTICE BLACKMUN delivered the opinion of the Court.

In this case we must decide the narrow statutory issue whether § 506(b) of the Bankruptcy Code of 1978, 11 U. S. C. § 506(b) (1982 ed., Supp. IV), entitles a creditor to receive postpetition interest on a nonconsensual oversecured claim allowed in a bankruptcy proceeding. We conclude that it does, and we therefore reverse the judgment of the Court of Appeals....

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