Huntington National Bank Co. v. Alix (In Re Cardinal Industries, Inc.)

How courts have described this case

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

• pre-petition agreement to make post-petition financing available to the debtor cannot act as a waiver of the protections of § 365(c)(2)
• contract to extend line of credit to debtor was executory and not assumable because of § 365(c)(2) where primary purpose of contract was to enhance liquidity of certain certificates issued by debtor
• obligation on part of lender to complete funding renders credit agreement exec-utory
• credit agreement providing a revolving line of credit to debtor

Source: CourtListener parenthetical corpus (CC0).