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A Debtor Can’t Assign Only Part of an Executory Contract, Fifth Circuit Says

Indemnification rights in an executory contract can’t be assigned without assuming and assigning the entire contract.

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Opinion Link

Case Details

Case Citation

Anytime Fitness LLC v. Thornhill Brothers Fitness LLC (In re Thornhill Brothers Fitness LLC), 22-30757 (5th Cir. Oct. 27, 2023)

Case Name

Anytime Fitness LLC v. Thornhill Brothers Fitness LLC (In re Thornhill Brothers Fitness LLC)

Case Type

Business
Court