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Bridge Bus Station & Infrastructure Dev't Fund, LLC

Bridge Bus Station & Infrastructure Dev't Fund, LLC

Ruling
General contractor was not entitled to assert a cure claim based on a purported default under an unexpired lease assumed by the debtor as it lacked the right to pursue a breach of contract claim. (2d Cir.)
Issue(s)
Executory Contracts and Unexpired Leases; Effect of Existing Defaults; Requirements for Assumption; Cure.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on April 10, 2023 , LexisNexis #0623-030