November 19, 2021
Dear constituency list members of the Insolvency Law Committee:
The following is a case update written by Zev Shechtman, a partner at Danning, Gill, Israel & Krasnoff, LLP, analyzing a recent decision of interest.
In re Weinstein Co. Holdings LLC, 997 F.3d 497 (3d Cir. 2021) involved a work-for-hire contract between The Weinstein Company—a bankrupt movie company—and Bruce Cohen, the producer of the critically acclaimed 2012 film, Silver Linings Playbook. The United States Court of Appeals for the Third Circuit held that the contract was not an executory contract, affirming the decision of the Delaware district court, which affirmed the decision of the Delaware bankruptcy court.
Here’s a link to the writeup on the CLA website: click here.
To read the full published decision: click here.