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75 while intoxicated from alcohol, drugs or another substance. According to Section 507(d), if a creditor is subrogated to a claim that would otherwise receive priority, the subrogated claimant may not receive priority status if it is a claim arising under roman numeral (i), (iv), (v), (vi), (vii), (viii), or (ix) listed above. However, Section 507(d) was amended under the CAA Amendments in light of the COVID-19 pandemic to provide that a party who pays the United States government a customs duty on behalf of an importer is now subrogated to the government's priority status for customs duties. This amendment will expire in December of 2021. 11 U.S.C. § 507(d). d. Non-Priority Unsecured Claims Creditors holding unsecured claims that do not fall into one of the priorities outlined in Section 507 usually receive a pari passu distribution out of the remaining assets of the estate in accordance with the size of their claim, after the secured creditors have enforced their security and the priority claimants have exhausted their claims. These claims are commonly referred to as "general unsecured claims." e. Subordination of Claims Section 510 of the Bankruptcy Code provides for the subordination of claims. Generally, subordination of a claim means that the priority level for recovery for such claim is reduced below the priority level to which claims of such type would normally be entitled under the Bankruptcy Code due to the particular circumstances surrounding the claim at issue. This can negatively impact the likelihood that the holder of such claim will receive or retain a distribution in the bankruptcy on account of such claim. As discussed below, the subordination of a claim can occur in one of three ways: (i) subordination by agreement (otherwise known as contractual subordination); (ii) subordination of claims arising out of certain securities transactions; and (iii) equitable subordination. 11 U.S.C. § 510.

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