Could AI play a role in drafting, negotiating, or monitoring the performance of executory contracts?

executory adjective (ADMINISTRATIVE). relating to the arrangements for making decisions and managing businesses: Only they have the executory power to make a ... Section 365(a) of the Bankruptcy Code provides that a trustee or debtor in possession may assume or reject an unexpired lease or executory contract. In many. Executory contracts include any real estate transaction that defers material action by either party into the future. Any contract for deed, lease option, or ... Sep 11, 2024 ... (If a contract or lease is executory, a debtor may assume it or reject it.) Discharge. A release of a debtor from personal liability for ... Jul 18, 2006 ... So what is an executory contract? The concept is fairly simple. It's a contract between a debtor and another party under which both sides still ... Jun 23, 2021 ... The prepetition entry of a court order which required specific performance of a contract rendered the contract non-executory and, therefore, non-rejectable. "Residential executory real estate contract" means an installment land contract, lease option contract, or rent-to-own contract by which a purchaser acquires ... Jan 14, 2017 ... Legislation passed in 2005 amended the laws dealing with executory contracts. An executory contract is a contract that has unperformed ... May 31, 2007 ... Background. In general, an accrual-basis taxpayer is allowed a deduction for an otherwise deductible expense in the period in which the ... Mar 9, 2015 ... Executory Contracts – The Whole is Greater than the Sum of its Parts ... Determining whether a contract is executory and, thereby, subject to ...