
In theIn re Bryan Road casereferencedin the text,the main issue before the Florida court was whethera pre bankruptcy waiver of the automatic stay in a prepetition workout was enforceable.How did the court rule?
A) After considering a number of factors, the court concluded that the waiver of the automatic stay would be enforced.
B) The court ruled as a matter of law that such agreements are contrary to the principles set forth in the federal bankruptcy statutes and that such agreements are, therefore, unenforceable.
C) The court ruled as a matter of law that such agreements are enforceable.
D) The court ruled that such agreements are enforceable only if all other creditors are paid in full.
Correct Answer:
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