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In re Greektown Holdings LLC

In re Greektown Holdings LLC

Ruling
Creditor's motion to compel debtor to assume or reject construction contract denied where postpetition payments were current and project was nearing completion.
Procedural posture

Pursuant to 11 U.S.C.S. § 365(d)(2), a general contractor moved to compel the chapter 11 debtors to assume or reject a construction contract between the contractor and the debtors. If assumed, the contractor sought an adequate assurance of future performance.

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Commercial opinion summary, case decided on December 16, 2008 , LexisNexis #0309-076