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Valley Educ. Found. Inc. v. ElderCare Props. (In re ElderCare Props.)

Ruling
Lease was properly assumed where it had not been terminated following notice of default.
Procedural posture

Appellant lessor sought review of a judgment from the United States District Court for the Southern District of Texas, which held that the bankruptcy court correctly held that the lease had not been terminated following a notice of default. Appellee lessee also sought review of a portion of the judgment, which held that the bankruptcy court erred in finding that the lessee's failure to timely exercise its renewal option was excused.

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Court :
Judge or Jurisdiction information not available
Commercial opinion summary, case decided on May 13, 2009 , LexisNexis #0609-077