In the In re Bryan Road case referenced in the text, the main issue before the Florida court was whether a 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.
a
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