Dania Slim and Alana A. Lyman | Pillsbury In rejecting an incidental beneficiary’s cure claim, the Second Circuit reasoned that affording a non-party administrative priority “would let it cut the line and stand in front of even secured creditors in exchange for nothing.” TAKEAWAYS Incidental beneficiaries without legal rights under assumed contracts or leases may… Continue reading No Cutting the (Priority) Line!: Incidental Beneficiaries to Assumed Contracts and Leases Cannot Assert Cure Claims Against Debtors