In Eutsler, the founder and then 25.5% owner of a company filed a chapter 13 case. The shares held by Eutsler were subject to a “Stock Restriction/Buy-Sell Agreement” allowing either the company or ...
Most businesses are (reluctantly) required to deal with customers, suppliers and counterparties to agreements that enter bankruptcy proceedings, yet there is a great lack of knowledge as to how the ...
What is a hedged executory contract? A “hedged executory contract” is another type of transaction that is eligible for integration under Code Section 988(d). A hedged executory contract results when a ...
What happens when a brand owner takes a final bow? The Bankruptcy Code treats a valid trademark license agreement as a special kind of asset called an “executory contract.” There is no definition of ...
Forbes contributors publish independent expert analyses and insights. I cover Wealth Preservation in its legal permutations When drafting LLC operating agreements, lots of planners include clauses to ...