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In re AppleIllinois LLC

In re AppleIllinois LLC

Ruling
Franchisor not allowed to recover attorneys' fees received in debtor's assumption and assignment of franchise agreement.
Issue(s)
Whether a franchisor was entitled to recover attorney fees under 11 U.S.C.S. § 365(b)(1)(B) as part of the cure amount due to it upon debtor's assumption and assignment of franchise agreements.

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Commercial opinion summary, case decided on January 24, 2014 , LexisNexis #0214-077