Bankruptcy Questions : What Is an Executory Contract & Breach?
An executory contract is a contract between the debtor, the person or entity that filed bankruptcy and the third party where some performance is still outstanding due to oweing a lease on equipment that requires future payments. Learn the benefits of an executory contract and the complications of breeching that agreement with information from a lawyer in this free video on bankruptcy.
Expert: Andy Forman
Bio: Andy Forman, Attorney at Law, has been in bankruptcy representation for over two decades and has lead council in over 3,000 bankruptcy cases.
Filmmaker: Christopher Rokosz
Duration : 0:1:12
