Winter Leadership Conference | December 5-7 | Rancho Palos Verdes , CA Register Today View Schedule

In re Clearpoint Bus. Res. Inc.

Ruling: 
Termination of agreement based on amendments thereto did not violate stay.
Procedural posture: 
Debtors moved to enjoin an alleged violation of the automatic stay by a contracting party. Debtors invoked 11 U.S.C.S. §§ 105, 362, 541 to halt the contracting party's claim that pre-petition agreements between debtors and the contracting party terminated by their own terms and therefore the automatic stay was not implicated. A hearing was held.
Issue: 
ABI Membership is required to access the full summary of In re Clearpoint Bus. Res. Inc.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on December 30,2010, LexisNexis #0111-107