Dime Bancorp Inc (fka DIMEQ)

[ScottC]

If you ask me pretty lame and to quote the WMI guys in regard to Broadbill "Wholely without Merit!"

http://definitions.uslegal.com/e/executory-contract/

"An executory contract is a contract under which one or more parties has not yet performed. For example: Abel orally has agreed to buy Baker's land, and Baker's attorney has drafted a contract. At this stage it is executory because neither Abel nor Baker has signed it.

In bankruptcy law, an executory contract is a contract between a debtor and another party under which both sides still have important performance remaining. Examples of executory contracts are real estate leases, equipment leases, development contracts and licenses to intellectual property"

http://www.answers.com/topic/chapter-11#Executory_contracts

"Executory contracts
Some contracts, known as executory contracts, may be rejected if canceling them would be financially favorable to the company and its creditors. Such contracts may include labor union contracts, supply or operating contracts (with both vendors and customers), and real estate leases. The standard feature of executory contracts is that each party to the contract has duties remaining under the contract. In the event of a rejection, the remaining parties to the contract become unsecured creditors of the debtor. For example, in some districts a contract for deed is an executory contract, while in others it is not."


What performance is remaining (or has even been) from the LTW holders?