Disclaimer of property: liquidator may disclaim specified contracts or leases by order subject to stated terms and schedule. An order grants the liquidator liberty to disclaim specified contracts, leases or other property by a stated deadline, upon an application supported by affidavits and exhibits and after service and hearing; the order identifies the instrument to be disclaimed, sets any terms and conditions governing the disclaimer, and includes a schedule of the property, with any tribunal-ordered extension noted in the preamble.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclaimer of property: liquidator may disclaim specified contracts or leases by order subject to stated terms and schedule.
An order grants the liquidator liberty to disclaim specified contracts, leases or other property by a stated deadline, upon an application supported by affidavits and exhibits and after service and hearing; the order identifies the instrument to be disclaimed, sets any terms and conditions governing the disclaimer, and includes a schedule of the property, with any tribunal-ordered extension noted in the preamble.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
