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Debtor met deadline for assuming lease in bankruptcy (access required)

Published: October 3, 2011

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A debtor met the bankruptcy deadline for assuming a nonresidential real property lease by filing a motion to assume the lease within the allotted time, the 6th Circuit Bankruptcy Appellate Panel has ruled in affirming judgment. Section 365 of the Bankruptcy Code generally provides that a debtor has 120 days after filing for bankruptcy to assume ...
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