Rochelle's Daily Wire

The ‘Countryman’ definition of an executory contract allows a debtor sell a contract without curing a default if the non-debtor counterparty has no further material, unperformed obligations.

Pragmatic opinion by Circuit Judge Ambro allows cramdown to achieve ‘rough justice.’

A tenant with a rejected lease retains ‘recoupment’ rights in addition to the protections in Section 365(h).

Caution: Do not use heavy machinery. Reading this story may induce drowsiness.

Third Circuit says ‘related to’ jurisdiction can’t be destroyed by subsequent events.

Energy Future claims Third Circuit panel misinterpreted governing New York law.