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Revivify, LLC v. Thrivify, LLC (In reThrivify, LLC)

Revivify, LLC v. Thrivify, LLC (In reThrivify, LLC)

Ruling
Chapter 11 trustee was entitled to reject a settlement term sheet as plaintiffs did not overcomethe presumption that trustee acted prudently, on an informed basis, in good faith, and in thehonest belief that rejection was in the estate's best interest. (Bankr. D. Or.)
Issue(s)
Rights, Powers, and Duties of Debtor in Possession.

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Commercial opinion summary, case decided on August 12, 2024 , LexisNexis #1024-064