Surety Bonds Aren’t Executory Contract and Can’t Be Assumed, District Judge Says
An irrevocable surety bond isn’t executory because it gives the bonding company no further obligations to the debtor.
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The Changing Real Estate Landscape
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First Look at Small Business Reorganization Act Cases
ABI Talks (2021 Southwest Bankruptcy Conference)
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Subchapter V
Splits and Confounding Issues Destined for the Supreme Court
The Impact of the Pandemic on Brick-and-Mortar: A New Paradigm, or the Next Stage in the Evolution of Retail?
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District Judge Rakoff Explains Why the Debtor Alone May Assert a Cure Claim
A creditor can’t assert a cure claim, even though Section 365(b) doesn’t give the counterparty the sole right to demand a cure on assumption of an executory contract.