Understanding the Legal Issues Behind Executory Contracts in Bankruptcy

Download or read book Understanding the Legal Issues Behind Executory Contracts in Bankruptcy written by Michael A. Condyles and published by . This book was released on 2006-10-01 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding the Issues Behind Executory Contracts in Bankruptcy is an authoritative, insider?s perspective on best practices for bankruptcy and financial restructuring, with a focus on strategies for structuring executory contracts. Featuring partners and chairs from some of the nation?s leading firms, these experts guide the reader through the intricacies of protecting clients from bankruptcy risks and discuss options for companies who are in financial distress. By providing an overview of executory contracts and unexpired leases in Chapter 11 of the Bankruptcy Code, the reader is introduced to a wealth of knowledge these seasoned professionals have to offer. From the assignment of contracts to a third party to the timing and procedures around the assumption or rejection of executory contracts and unexpired leases, these top bankruptcy lawyers discuss overall drafting techniques and strategies for minimizing bankruptcy risks. They carefully outline the similarities and differences between representing both creditors and debtors, as well as those between representing creditor committees and examiners. Additionally, these leaders reveal their strategies for planning defensively, keeping abreast of change, and finding creative solutions in a variable area of law. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today as these experienced lawyers offer up their thoughts around the keys to success within this ever-evolving field