The NACTT Academy offers a comprehensive community for bankruptcy professionals seeking to advance their education in consumer bankruptcy.
ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.
These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.
Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.
The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.
From the Editor – Leases
Print This Article
Link to Post:
By The Honorable William Houston Brown (Retired)
Nonresidential lease deemed rejected when not timely assumed by trustee. Finding that § 365(d)(4)(A) applies in Chapter 13 cases, an unexpired nonresidential lease on which the debtor is lessee must be timely assumed, and the lease was automatically rejected if the trustee does not assume it within 120 days of the petition filing. The plain language of that section does not permit a debtor to assume such a lease. The court discussed two reported cases supporting the debtors’ position that they could assume, but disagreed with them . . .
It looks like you are not signed in or registered! This content is only available to members.
Or Sign In Below:
Related Articles
How My Law Firm Learned to Stop Leaving Money on the Table Part 2 – The “Other Appropriate Relief” of Rule 3001
From the Editor – Discharge Injunction
From the Editor – Plan Modification
Rescuing a Troubled Chapter 13: The Unseen Threat
Courts are Expanding the Protections of Bankruptcy Rule 3002.1
From the Supreme Court
Critical Case Comment
Small Business Reorganization Act
When Wishes Come True
Making Sense of the Means Test