Rochelle's Daily Wire

ABI Exclusive

Profit-Sharing Clause Unenforceable in a Bankruptcy Lease Auction

Provision depressing debtor’s income at a lease auction is unenforceable under Section 365(f).

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Case Details

Judge Name

Nelson S. Román

Case Citation

Angelone v. Great Atlantic & Pacific Tea Co. (In re Great Atlantic & Pacific Tea Co.), 15-8932 (S.D.N.Y. Oct. 17 2016)

Case Name

In re Great Atlantic & Pacific Tea Co.

Case Type

Business