Executory Contracts and Real Estate Interests

Discussions regarding executory contracts are common in the bankruptcy context.  The reason is simple.  Many executory contracts can be rejected (or assumed and assigned notwithstanding contractual restrictions on assignment) pursuant to the provisions of Section 365 of the Bankruptcy Code.  If you are a counterparty to one of these contracts such actions by a debtor may have a material impact on your rights.

But what is an executory contract versus a real estate interest.

Over the next several posts we will discuss some of these issues.

www.JackRoseLaw.com

 Posts in this blog contain discussions of general principles of law and cases. No post, comment or discussion constitutes or should be taken as legal advice. To obtain legal advice you should retain counsel. Legal advice requires a review of the specific facts and circumstances of your case.

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