The petition of the day is:

17-1438

Issues: (1) Whether a state court may impose onerous contractual obligations on a non-signatory to the contract by disregarding the full-disclosure requirements of federal bankruptcy law and foisting the undisclosed perpetual indemnity obligation of a Chapter 11 debtor upon an unknowing purchaser of related assets; and (2) whether boilerplate “assumed-unless-rejected” language in a bankruptcy reorganization plan renders an undisclosed executory contract assumed under 11 U.S.C. § 365.

Posted in Noble Energy Inc. v. ConocoPhillips Co., Cases in the Pipeline

Recommended Citation: Aurora Barnes, Petition of the day, SCOTUSblog (May. 15, 2018, 10:57 PM), http://www.scotusblog.com/2018/05/petition-of-the-day-1383/