§ 365

Corporate Colocation, Inc., In re

Ruling: 
Debtor's motion to extend its deadline to assume or reject unexpired leases was denied as theassumption/rejection deadline may not be extended beyond 300 days following the petitiondate. (Bankr. C.D. Cal.)
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Commercial case opionion summary, case decided on March 24,2022, LexisNexis #0522-033

Gypsum Res. Materials, LLC, In re--Gypsum Res. Materials, LLC v. Rep-Clark, LLC

Ruling: 
Mining lease agreement was not a secured financing transaction but rather an unexpired leasesubject to assumption or rejection. (Bankr. D. Nev.)
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Commercial case opionion summary, case decided on January 11,2022, LexisNexis #0422-057

Ebson, In re

Ruling: 
Claim objection overruled and amended proof of claim allowed in full as debtor failed toestablish that the vehicle, which was surrendered, was auctioned for a depressed value. (Bankr.E.D. Pa.)
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Commercial case opionion summary, case decided on February 16,2022, LexisNexis #0422-034

Player's Poker Club, Inc., In re

Ruling: 
Debtor was entitled to approval of its rejection of a nonresidential real property lease andparking area license as it constituted an appropriate exercise of business judgment. (Bankr.C.D. Cal.)
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Commercial case opionion summary, case decided on February 04,2022, LexisNexis #0322-080

Baver, In re

Ruling: 
Contract was no longer executory and could not be rejected following court order for specificperformance. (Bankr. S.D. Ohio)
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Consumer case opionion summary, case decided on November 02,2021, LexisNexis #0122-084

Highland Cap. Mgmt., L.P., In re--Highland Cap. Mgmt., L.P. v. Dondero

Ruling: 
Arbitration clause in rejected executory contract should be considered a separate executoryagreement and likewise rejected. (Bankr. N.D. Tex.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on December 03,2021, LexisNexis #0122-059

Minesen Co., In re

Ruling: 
Breaches did not prevent the debtor from assuming executory agreements, conditioned upondebtor's completion of cures. (Bankr. D. Haw.)
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Court: Judge or Jurisdiction information not available
Consumer case opionion summary, case decided on November 17,2021, LexisNexis #0122-037

PG&E Corp., In re

Ruling: 
The bankruptcy code excuses debtors from curing defaults arising from the filing of theirbankruptcy petitions. (Bankr. N.D. Cal.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on September 08,2021, LexisNexis #1021-081

Best View Constr. & Dev., LLC, In re

Ruling: 
Judicial estoppel did not bar a debtor from rejecting real estate contracts as executory becausedebtor neither changed its positions nor obtained an unfair advantage. (Bankr. D. Idaho)
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Commercial case opionion summary, case decided on August 24,2021, LexisNexis #1021-031

Financial Oversight & Mgmt. Bd. v. Fin. Oversight & Mgmt. Bd.

Ruling: 
The Board's motion to assume long-term power supply contracts on behalf of the Puerto RicoElectric Power Authority granted over union's and power company's contentions that therenegotiated contracts were brand new contracts that, as such, could not be assumed. (1st Cir.)
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Court: Judge or Jurisdiction information not available
Commercial case opionion summary, case decided on August 12,2021, LexisNexis #0921-085

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