In MOAC on Remand, the Second Circuit Vacates the Order Assigning the Lease
The Second Circuit is remanding to district court for a ruling on the relief available to the landlord, given that the sale closed years ago.
Court:
WeWork Seeks Permission to Begin Canceling Leases in Bankruptcy
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
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.
Court:
Hot Topics with Bill Rochelle
Deferred Settlement Agreements Aren’t Executory Contracts and Can’t Be Assumed
The Ninth Circuit BAP affirms that a deferred settlement agreement can’t be assumed under Section 365.
Court:
WeWork Looks to Renegotiate Most of Its Leases as It Fights to Survive
Please note that in order to view the content for the Bankruptcy Headlines you must either sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Please sign in to access Law Review Articles or click here to join ABI.