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Breach of Contract › Commercial Bankruptcy › Real Estate Transactions

Patton Sullivan Brodehl LLP

Bankruptcy Property Deal Devolves Into Mess of Contract and Fiduciary Duty Claims

Patton Sullivan Brodehl LLP on

The bankruptcy process is often straightforward: the debtor’s debts are discharged, creditors take a haircut of varying degrees, and life moves on.  But some bankruptcy proceedings give birth to complicated agreements that...more

Stark & Stark

5 Issues for Landlords During a Bankruptcy Lease Rejection

Stark & Stark on

When a commercial tenant files for bankruptcy, they have the option to assume or reject unexpired leases. A bankruptcy lease rejection is a significant action, as it communicates the debtor’s intent to hand back the space....more

Hogan Lovells

Second Circuit holds that general contractor doesn’t have to be satisfied in full for real estate developer to assume and assign...

Hogan Lovells on

In a recent decision, the Second Circuit held that only parties with the right to pursue a breach of contract claim under an executory contract or unexpired lease have the right to demand a cure payment in the event the...more

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