ReGen Capital I, Inc. v. UAL Corp. (In Re UAL Corp.)

HAMILTON, Circuit Judge.

A claims trader buys claims against bankrupt debtors from creditors at a discount. See In re Kreisler, 546 F.3d 863, 864 (7th Cir.2008). This appeal addresses how purchased claims can be affected by a debtor’s decision to assume or reject exec-utory contracts from which those claims arose. We affirm the district court’s judgment holding that the purchaser of a pre-petition unsecured claim arising from exec-utory contracts is not entitled to a “cure” that would pay it 100 cents on the dollar for the claim because the debtor did not assume the executory contracts at…