United States: Delaware Bankruptcy Court Rejects "Implied Assum...

03/09/18


United States: Delaware Bankruptcy Court Rejects "Implied Assumption" Of Executory Contracts As Part Of Asset Sale
Mondaq News Alerts
The Delaware Bankruptcy Court recently held, in Stanley Jacobs Prod., Ltd. v. 9472541 Can. Inc. (In re Thane Int'l, Inc.), No. 17-50476 (KG), 2018 Bankr. LEXIS 464 (Bankr. D. Del. Feb. 21, 2018), that a debtor must file a formal motion to assume and ...

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