Phar-Mor, Inc. v. Strouss Building Associates

How courts have described this case

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

• “Whether an executory contract is ‘favorable’ or ‘unfavorable’ is left to the sound business judgment of the debt- or.... Courts should generally defer to debtor’s decision whether to reject an ex-ecutory contract.”
• “Whether an executory contract is ‘favorable’ or ‘unfavorable’ is left to the sound business judgment of the debtor ... Courts should generally defer to debtor’s decision ‘ whether to reject an executory contract.”
• “The ultimate purpose behind section 365 is to allow a trustee to pick and choose among the debtor’s agreements and assume those which benefit the estate and reject those which do not.”
• “Whether an executory contract is ‘favorable’ or ‘unfavorable’ is left to the sound business judgment of the debtor. Courts should generally defer to debtor’s decision whether to reject an executory contract.” (citations omitted)

Source: CourtListener parenthetical corpus (CC0).