The ability to assume, assume and assign, or reject executory contracts and unexpired leases is a power central to ability of a bankruptcy trustee or chapter 11 debtor-in-possession ("DIP") to maximize the value of the estate...more
3/27/2025
/ Bankruptcy Code ,
Bankruptcy Court ,
Bankruptcy Trustees ,
Chapter 11 ,
Commercial Bankruptcy ,
Commercial Leases ,
Debtors ,
Debtors-in-Possession ,
Executory Contracts ,
Federal Rules of Bankruptcy Procedure ,
Rite Aid
The Bankruptcy Code invalidates "ipso facto" clauses in executory contracts or unexpired leases that purport to modify or terminate the contract or lease (or the debtor's rights or obligations under the contract or lease)...more
3/28/2024
/ Arbitration ,
Arbitration Agreements ,
Automatic Stay ,
Bankruptcy Code ,
Bankruptcy Court ,
Bankruptcy Trustees ,
Debtors ,
Estate Claims ,
Executory Contracts ,
Federal Arbitration Act ,
Limited Liability Company (LLC)