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C.D. California· 4/1/2010

In Re Karykeion, Inc.

Citations

  • 435 B.R. 663
  • 64 Collier Bankr. Cas. 2d 483
  • 2010 Bankr. LEXIS 2493
  • 189 L.R.R.M. (BNA) 2124
  • 53 Bankr. Ct. Dec. (CRR) 164
  • 2010 WL 3297029

How courts have described this case

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

  • finding that the debtor had proven that rejection was necessary when the closing of a § 363 sale was contingent on rejection of a collective bargaining agreement
  • refusing to “evaluate the wisdom” of purchaser’s insistence on rejection of the CBAs
  • finding rejection of the CBA is “necessary to permit the debtor’s reorganization” where “the only reorganization option for the debtor is the sale of [its hospital] to [buyer] and that sale is contingent on the court approving the debtor’s rejection of these CBAs”
  • finding rejection of the CBA is \necessary to permit the debtor's reorganization” where \the only reorganization option for the debtor is the sale of [its hospital] to [buyer] and that sale is contingent on the court approving the debtor’s rejection of these CBAs”
  • “Just as section 1113 precludes a debtor from altering union contracts based on wishful thinking and speculation, a debtor facing imminent closure cannot base its rejection of its only suitor on a speculative white knight with greater riches.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Maureen Tighe

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Cited by

11 cases in this archive cite this case.

Cites

14 cases in this archive are cited by this case.

Sourced from CourtListener / Free Law Project (CC0).

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