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No Cutting the (Priority) Line!: Incidental Beneficiaries to Assumed Contracts and Leases Cannot Assert Cure Claims Against Debtors | Pillsbury Winthrop Shaw Pittman LLP

In rejecting an incidental beneficiary’s cure claim, the Second Circuit reasoned that affording a non-party administrative priority “would let it cut the line and stand in front of even...
New York United States Port Authority Of New York District Court Decisions Port Authority Pillsbury Winthrop Shaw Pittman

Second Circuit holds that general contractor doesn't have to be satisfied in full for real estate developer to assume and assign Ground Lease in bankruptcy | Hogan Lovells

In a recent decision, the Second Circuit held that only parties with the right to pursue a breach of contract claim under an executory contract or unexpired lease have the right to...
New York United States Jersey The Port Authority Tutor Perini Building Corp Development Venture Port Authority

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DrazCanna, Inc.: The Evolution of the Entrepreneurial Journey for a Michigan Couple Shattered by a Tragic 105 Year Michigan Family Legacy

DrazCanna, Inc. (OTCBB:DZCA) discloses the human challenges faced by the Cannabis Bio-Pharmaceutical Research and Development Venture.DEARBORN HEIGHTS, MI / ACCESSWIRE / December 8, 2022 / DrazCanna, Inc.
Michigan Technological University United States Dearborn Heights Gina Szpak Ali Anani Hussein Anani

Ascott Acquires Two Properties in Ningbo and Amsterdam for About S$190 Million Through Its Serviced Residence Global Fund

CapitaLand Investment’s (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) is investing in two properties in Ningbo, China and Amsterdam, the Netherlands for approximately S$190 million through Ascott Serviced Residence Global Fund (ASRGF)1, Ascott’s private equity fund with Qatar Investment Authority. When fully deployed, the acquisitions will boost Ascott’s total funds under management (FUM)2to S$9 billion.
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