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· 9/16/1986

Steffan v. McMillan (In Re Coordinated Financial Planning Corp.)

Citations

  • 65 B.R. 711
  • 1986 Bankr. LEXIS 5314
  • 15 Bankr. Ct. Dec. (CRR) 300

How courts have described this case

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

  • even though right of first refusal was a covenant running with the land, court concluded that it was an executory contract which could be rejected under section 365
  • “The right of first refusal is an executory contract and is subject to rejection.”
  • although the right of first refusal was a covenant running with the land, the court found it was an executory contract which could be rejected under section 365
  • right of first refusal to purchase real property is an executory contract
  • though right of first refusal was found to be a covenant running with the land, enforceable against covenantors’ successor in interest, the court determined the right was executory, and subject to rejection by the trustee

Source: CourtListener parenthetical corpus (CC0).

Judges: Ashland, Volinn, Elliott

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

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.