Any bankruptcy attorneys here willing to pitch in: (1) are updo facto clauses hard to enforce? (2) is a creditor obligated to continue performing under the contract t while a counterparts goes through bankruptcy? And (3)can a creditor obtain preferential treatment to ensure it will continue to receive ongoing payments from a bankruptcy counter party’s bankruptcy estate? Thank you!

funnylike
Posting as :
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As a bankruptcy attorney, respectfully, eff you, pay me.

likefunny

Lol sorry OP, seconding A1 these are very substantive questions

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What? You work in biglaw? Do you not have any BK colleagues? They’re usually happy to help, especially since they haven’t been super busy of late.

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Completely understand! Was just in a pinch with a few hours to answer and thought a fellow attorney might help!

funnylike

It depends

smartlike

Well that depends also

smartlikefunny

These are all very easy questions that I am not going to answer.

Those pesky updo facto clauses though. Never know what they are up to.

likefunny

Is the updo clause standard or updog

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likefunny

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