The Bankruptcy Code can be an effective tool for reducing liabilities and enhancing asset value for the benefit of creditors. One of the more important tools is the right not only to assume favorable contracts pursuant to Section 365, but also to reject those that are not.
Bankruptcy Court Authorizes Rejection of Employment Separation Agreements
The Bankruptcy Code can be an effective tool for reducing liabilities and enhancing asset value for the benefit of creditors. One of the more important…
By
Francis J. Lawall and 
Michael J. Custer
Michael J. Custer
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