Estimate lease rejection claims under 11 U.S.C. § 502(b)(6), including time vs rent cap logic, arrears, and stub rent.
Explanation:
- Time Approach: Based on 15% of remaining lease term (months × rent)
- Rent Approach: Based on 15% of total rent due (includes escalations)
Courts like SDNY now follow the Time approach per In re Cortlandt.