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Bankruptcy – Debtor's Assumption Of Lease – Curing Defaults – Changing Terms (access required)

Where debtor, an aircraft leasing company, proposed to assume its lease with a trucking association on which debtor already had defaulted by failing to provide planes when needed, and the proposed lease assumption required the lessee to essentially finance debtor's reorganization, debtor's motion to assume the lease is denied. In deciding whether or not to allow ...

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