Exclusive or Concurrent Jurisdiction to Reject Power Purchase Agreements in Bankruptcy?
ABI
JANUARY 20, 2020
In general, a debtor may reject an executory contract subject to court approval under section 365 of title 11 of the United States Code (the “Bankruptcy Code”). 7] Following the aforementioned hearings, the Debtors sought a rehearing, which FERC denied, and thereafter the Debtors filed for bankruptcy on January 29. [8]
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