Curing Defaults Isn’t Always Required Before Selling a Contract, Third Circuit Says
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.
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Case Details
Case Citation
Cohen v. Spyglass Media Group LLC (In re Weinstein Company Holdings LLC), 20-1750 (3d Cir. May 21, 2021)
Case Name
Cohen v. Spyglass Media Group LLC (In re Weinstein Company Holdings LLC)
Case Type
Business