Contracts

How to file bankruptcy – What are Executory Contracts and Unexpired Leases in bankruptcy?

11/20/13

List your executory contracts and unexpired leases on your bankruptcy petition and declare your intention either to accept or to reject those contracts. Contracts that are not timely assumed are rejected and the parties are released from further performance under those contracts.

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Sportsman's Warehouse Reminds Us of Basic Contract Interpretation Principles

02/28/13

Summary

In a 25 page opinion published February 7, 2013, Judge Sontchi applied black-letter contract interpretation principles in conjunction with the bankruptcy rules in holding that a landlord was not entitled to damages resulting from a debtor's breach of its lease. Judge Sontchi’s opinion is available here (the “Opinion”).

Background

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