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Sheppard Mullin Richter & Hampton LLP

Cherry Picking Contract Provisions in Bankruptcy: Not so Taboo After All?

Sheppard Mullin Richter & Hampton LLP on

One of the quintessential principles of the Bankruptcy Code is that when a debtor assumes an executory contract, it must assume the contract as a whole – a debtor cannot cherry pick the contract provisions it wants to assume...more

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