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· 10/26/2023

Parvizan Fine Oriental Rugs, Inc. v. Eclectic Design, LP

How courts have described this case

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

  • explaining that, under New York law, “when a breaching party 'has substantially performed' before breaching, 'the other party's performance is not excused.”
  • noting that under New York law “the issue of whether a party has substantially performed is usually a question of fact and should be decided as a matter of law only where the inferences are certain.”
  • noting that under New York law “the issue of whether a party has substantially performed is usually a question of fact and should be decided as a matter of law only where the inferences are certain.”
  • considering appeal of order holding agreement was executory contract and rejection of the agreement terminated creditor’s rights under the agreement
  • explaining that expired indemnity obligation is not material
  • “The policy behind Chapter 11 of the Bankruptcy Code is the ‘ultimate rehabilitation of the debtor.’”

Source: CourtListener parenthetical corpus (CC0).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.