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Non-Tech : Derivatives: Darth Vader's Revenge
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To: Henry Volquardsen who wrote (1032)12/4/2001 2:21:39 PM
From: crh02  Read Replies (1) of 2794
 
Just a side query. Several years ago when I was active in the corporate restructuring game it was uncertain if, in Chapter 11 proceedings, futures contracts might be deemed executory contracts should the creditor so move. This type of situation could have allowed the creditor to cherry-pick the profitable contracts while eschewing the losers.

Is the current BK law clear in this point?
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