What are the two main types of unconscionability (procedural and substantive)?

"Residential executory real estate contract" means an installment land contract, lease option contract, or rent-to-own contract by which a purchaser acquires ... 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. Dec 14, 2022 ... I. INTRODUCTION. Executory contracts are one of the most complicated and consequent- ial areas of bankruptcy law.1 Despite the importance of ... Jul 9, 2024 ... An executory trust exists where property is held on a current trust, but there is an obligation to execute a further, final trust instrument respecting the ... 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). Whether the operating agreement is executory will determine the extent to which a debtor in possession, a bankruptcy trustee, or a third party succeeds to ... 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 ... Contracts to buy or sell a non-financial item that can be settled net in cash or another financial instrument or by exchanging financial instruments, 1. Designed or of such a nature as to be executed in time to come or to take effect on a future contingency. 2. Relating to administration.