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Because the lessor did not file a claim in the bankruptcy case, the 11 U.S.C. �502(b)(6) cap was not triggered. Because the lessor did not prematurely draw on the letter of credit, it did not breach the lease or make negligent misrepresentations to the issuing bank.
December 05, 2005 at 12:00 AM
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The original version of this story was published on Texas Lawyer
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