Blawgletter has the Vague Notion that bankruptcy law dislikes some kinds of contract clauses. Take your ipso factos, which trigger some change in the contract's status simply because a party filed for bankruptcy relief. Don't laws that aim to treat creditors fairly tend to frown on such efforts to get a Leg Up as
ipso facto
You Can’t Modify an Order That Ceased to Exist, Ninth Circuit Insists
By Barry Barnett on
The law gives its strivers an odd sense of reality. That goes double for those who work the courtroom.
You may put blood, sweat, and tears into a case for years, pressing to show and persuade the trier of fact that Thing A happened and that Fact A exists — and contrarily that Thing B didn't occur…