How might smart contracts based on blockchain technology automate the performance of executory agreements?

Oct 20, 2020 ... The majority of courts have held that unexercised options are executory contracts. See Colliers on Bankruptcy, 365.02[2][b] (16th. ed 2012). Jan 14, 2017 ... Legislation passed in 2005 amended the laws dealing with executory contracts. An executory contract is a contract that has unperformed ... The Bankruptcy Code affords the trustee or the debtor in possession the power to either reject or assume executory contracts and unexpired. An executory contract in real estate is a contract that has remaining actions or obligations to be completed. A rental lease is one example since the landlord ... 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 ... Until the buyer has paid the full purchase price, and the seller has handed over the property, the contract is considered executory. The seller's obligation to ... Feb 14, 2019 ... ... executory contracts under Bankruptcy. Code § 363, and assumption and assignment of executory contracts under Bankruptcy Code § 365. The court ... "Residential executory real estate contract" means an installment land contract, lease option contract, or rent-to-own contract by which a purchaser acquires ... Oct 7, 2015 ... Herein, let's assume that the LLC agreement is executory, because the obligations of both Debtor and the other members of Company's operating ... That just means it is executory. An executory contract is when one or both parties have obligations still to be performed. For example, a sales contract is an ...