Counties Contracting and Construction Company, Debtor-In-Possession v. Constitution Life Insurance Company

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that S 108(b) pertains to payment of insurance policy premium during grace period, \an act necessary to continue the policy in effect\
• “A contract may not be assumed under § 365 if it has already expired according to its terms.”
• automatic stay did not prohibit lapse of insurance policy under contractual and statutory grace period
• “It is axiomatic that before 11 U.S.C. § 365 can apply a contract must exist. If a contract has expired by its own terms then there is nothing left to assume or reject.”
• property of estate includes liquor license even where debtor delinquent in tax payments
• statutory grace period for payment of life insurance premiums not stayed

Source: CourtListener parenthetical corpus (CC0).