Surety Bonds Aren’t Executory Contract and Can’t Be Assumed, District Judge Says
An irrevocable surety bond isn’t executory because it gives the bonding company no further obligations to the debtor.
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Case Details
Case Citation
Argonaut Ins. Co. v. Falcon V LLC, 20-00702 (M.D. La. Sept. 30, 2021)
Case Name
Argonaut Ins. Co. v. Falcon V LLC
Case Type
Business