Akerman represents businesses that have contracts with companies that file bankruptcy. We have extensive experience in determining whether a contract is executory, examining the effect of the bankruptcy on the contract, and the alternatives available for our client in view of its goal concerning the contract. We have dealt with issues such as the assignability of contracts by a debtor in bankruptcy, the amount necessary to cure defaults in the contracts, and assuring that the debtor follows proper procedures in assuming and assigning the contract. Read More
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