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A financially healthy company that is going out of business cannot file for bankruptcy for the sole purpose of taking advantage of a provision of the Bankruptcy Code that sharply limits the amount a landlord may recover for termination of a long-term lease, the 3d U.S. Circuit Court of Appeals has ruled.
September 27, 2004 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
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