Question: (a) Is the lease an executory contract? Can a bankrupt tenant assume and assign a favorable lease without the landlord's consent? (b) What rights/claims does

(a) Is the lease an executory contract? Can a bankrupt tenant assume and assign a favorable lease without the landlord's consent?
(b) What rights/claims does a landlord have regarding unpaid rent when a tenant files for bankruptcy? Can a bankrupt tenant reject an unfavorable lease? What are a landlord's rights to cash and letter-of-credit security deposits in the event a bankrupt tenant rejects the lease?
(c) Can a favorable patent license be assumed and/or assigned by a bankrupt licensee without the licensor's consent?

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a A lease is an executory contracta contract that has not yet been fully performedand the debtor have the right to either assume or reject the lease A bankrupt tenant may assume and assign a favorable ... View full answer

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