· 5/1/1985
Wegner Farms Co. v. Merchants Bonding Co. (In Re Wegner Farms Co.)
Citations
- 49 B.R. 440
- 1985 Bankr. LEXIS 6211
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- rejecting argument that right of termination “necessarily propels cancellation of [an agreement] outside the orbit of the automatic stay” and stating that when Congress intends to except certain types of contracts from the automatic stay Congress has done so
- Unassumable bonding agreement held in effect pending request for relief under the automatic stay.
- bonding company’s cancellation of debtor’s grain dealer’s surety bond
- surety bonds are financial accommodations that cannot be assumed
Source: CourtListener parenthetical corpus (CC0).
Judges: William W. Thinnes
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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