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Home / Opinion Digests / Bankruptcy – Partnership Agreement – Buy-Out Provision – Executory Contract (access required)

Bankruptcy – Partnership Agreement – Buy-Out Provision – Executory Contract (access required)

Where the debtor-in-possession, a partner in a partnership to develop a parcel of land contributed by debtor into a shopping center, wished to assume the contract of this partnership agreement, the bankruptcy court did not err in holding that the partnership agreement was an executory contract for personal services which could not be assumed by ...

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