What is an Executory Contract? »
By Nicholas Ortiz, Attorney at Law on May 12, 2008 in General Bankruptcy Information | 0 Comments
Schedule G to a bankruptcy petition requires the listing of executory contracts (and unexpired leases) to which the debtor is a party. An executory contract is a contract under which performance is due by both parties. The remaining duties to be performed under the contract must be material and substantial in the context [...]
