How far is it from Charlotte, NC to? - Distance Calculator This service calculates the straight-line distance between two locations by using latitudes and longitudes. For US locations, follow these query format examples: Charlotte, NC or Charlotte, North Carolina or enter a US Zip Code. For distances to cities around the world, enter a ICAO location code from the selector below.
When either a landlord or tenant files for bankruptcy, there are two things that can happen to the lease. The landlord or tenant (actually, the trustee) can either: assume the lease, that is, allow the lease to continue in effect, or. reject the lease, which essentially terminates or cancels the lease.
Rejection of an Executory Contract Does Not Relieve a Debtor of Assumed Liabilities. One of the most touted (and one of the more misunderstood) benefits of chapter 11 is the ability to reject executory contracts and unexpired leases. Contrary to popular belief, rejection of an executory contract or an unexpired lease pursuant to section 365 of the Bankruptcy Code does not rescind or undo such contract or lease.