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Schedule G - Executory Contracts and Unexpired Leases

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Schedule G - Executory Contracts and Unexpired Leases

What the Schedule G - Executory Contracts and Unexpired Leases is

Schedule G – Executory Contracts and Unexpired Leases is a bankruptcy schedule used by debtors to list all executory contracts and unexpired leases the debtor believes are in effect on the petition date. It appears as Official Form 106G in U.S. bankruptcy proceedings and informs the trustee, creditors, and the court which obligations may be assumed, assigned, or rejected under 11 U.S.C. §365 and related rules. Completeness and accuracy are essential because listed contracts affect cure amounts, rejection damages, and potential assignment to a purchaser.

Why accurate Schedule G entries matter

Filing Schedule G clarifies which contractual relationships survive or terminate in bankruptcy and shapes creditor expectations, cure calculations, and potential asset sales. Accurate disclosure reduces litigation risk and ensures the court and trustee can evaluate executory obligations under 11 U.S.C. §365.

Why accurate Schedule G entries matter

Who typically completes the Schedule G - Executory Contracts and Unexpired Leases

Typical filers include debtors, debtors' counsel, chapter trustees, and corporate officers preparing the bankruptcy schedules for court review.

  • Debtors and in-house counsel: compile contracts, verify dates, and estimate cure amounts.
  • Bankruptcy trustees: assess assumption/rejection options and impacts on estate value.
  • Creditors and counterparties: review Schedule G to protect contractual rights and claims.

Key information a professional Schedule G should show

A professional Schedule G highlights counterparties, material terms, monetary defaults, and documentary support to speed trustee review and minimize challenges.

Counterparty

List full legal name, contact details, and role. Include registered agent info for entities and identify affiliates to reveal potential related-party claims and provide billing address.

Contract Dates

Record original execution date, last renewal or amendment dates, and stated expiration. These dates determine whether the agreement was executory on the petition date and affect assumption options.

Financial Terms

Specify payment schedules, outstanding balances, security interests, and any ongoing obligations. Provide account ledgers or recent invoices to limit disputes over cure amounts and claims.

Performance

Outline material duties, delivery schedules, milestones, and termination triggers, and identify subcontractor dependencies or performance bonds to assess administrative burdens on assumption.

Supporting Documents

Attach full contract copies, amendments, correspondence, and recent billing statements, including payment histories and remittance advices, to reduce follow-up discovery and support cure calculations.

Cure Calculation

Provide itemized arrearage, interest, fees, and contractual offsets with supporting invoices and reconcile account ledgers to the petition date to speed assumption decisions.

Step-by-step: preparing Schedule G entries

Follow these steps to identify, verify, and report executory contracts and unexpired leases on Schedule G.

  • 01
    Gather Contracts: Collect all active agreements as of the petition date.
  • 02
    Verify Terms: Confirm renewal, termination dates, and material obligations.
  • 03
    Estimate Cures: Calculate cure amounts and outstanding defaults per contract.
  • 04
    List on Schedule: Enter counterparties, contract dates, and brief description.

How Schedule G fits into the filing workflow

Typical e-filing flow shows how Schedule G is prepared, reviewed, and submitted with the debtor's petition.

  • Prepare Draft: Gather contracts, calculate cures, and draft descriptions.
  • Review Internally: Legal and finance verify terms and amounts.
  • File with Court: Include Schedule G with petition or amendment filing.
  • Serve Counterparties: Send notice copies to counterparties and listed creditors.

How to set up your digital Schedule G workflow

Configure your digital workflow to collect signatures, attach exhibits, and preserve an audit trail for Schedule G filings.

Field Configuration
Signature Method Electronic signature with audit trail
Attachment Handling Embed PDFs and include original contract copies
Authentication Email or SMS; stronger KBA if required
Retention Store copies with tamper-evident audit history

Platform features to support Schedule G work

Digital platforms should support secure uploads, role-based permissions, and exportable audit trails for Schedule G.

  • File Formats: PDF and Word DOCX formats supported
  • Integrations: Connect to NetSuite, Salesforce, Google Workspace
  • Security: AES-256 at rest; TLS 1.2/1.3 in transit

Security and compliance considerations

Encryption: TLS 1.2/1.3 in transit; AES-256 at rest
Certifications: SOC 2 Type II; ISO 27001; PCI DSS
Privacy: HIPAA compliant with BAA available
Authentication: Two-factor and SSO options supported
Audit Trail: Detailed timestamps, IP, and action logs
Accessibility: WCAG 2.0 Level AA compliant

Common preparation pitfalls to avoid

  • Failing to attach complete contract copies increases follow-up discovery, delays trustee review, and can produce disputes over cure calculations and interpretation.
  • Using inconsistent party names or abbreviations creates identity confusion and may force amendments, court motions, or contested service issues.
  • Estimating cure amounts without supporting invoices risks objections and may lead to unexpected administrative expense claims.
  • Failing to identify affiliate relationships or guarantors can conceal related-party liabilities and complicate asset sale processes.

Potential risks and legal consequences

Rejection Damages: Counterparty may assert monetary claims
Omitted Contracts: Unlisted agreements may still be enforceable
Incorrect Cures: Understated cures can lead to objections
Late Amendments: Court may deny untimely additions
Service Failures: Improper notice can affect rights
Fraud Allegations: Intentional omissions risk sanctions or fraud claims

Key deadlines and timing considerations

Key dates for Schedule G relate to the petition filing, amendments, and claim bar dates set by the court.

Petition Date:

Schedule G reflects contracts effective on petition date

Amendments:

Amend within case as new information arises; court approval may be required

Bar Dates:

Claims bar dates are set separately; missing a bar date may bar claims

Cure Payment:

Cure amounts are resolved during assumption; timing depends on court orders

Sale Deadlines:

If assets sell, contract assignment deadlines will be set in sale order

Practical examples of electronic workflows for contract disclosures

Real organizations use electronic signatures and document workflows to manage contractual disclosures and executory obligations in complex transactions and bankruptcy contexts.

Tim Martin, Founder

Tim Martin used e-signature workflows to assemble lease and contract records during a sale, reducing turnaround and verification steps.

  • He emphasized compliance and audit trails.
  • The platform allowed collection of signatures, attached full contracts, and produced an exportable audit history that trustees and counterparties could review, which simplified assumption discussions and reduced discovery burdens during the transaction.

Dan Rotelli, CEO

Dan Rotelli integrated e-signature workflows to centralize contract records, enabling rapid review of executory obligations and consistent application of cure calculations.

  • He prioritized SOC 2 security and auditability.
  • Built-in compliance features and record retention made the documentation acceptable to counterparties and counsel, reducing time spent reconciling contract versions and limiting the need for supplemental court filings or discovery.

Pricing and feature comparison for e-signature platforms

Compare common e-signature features and pricing relevant to completing and sharing Schedule G filings.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8 per user per month billed annually $15 per user per month billed annually $14 per user per month billed annually $19 per user per month billed annually $15 per user per month billed annually
Free Trial Yes, 7-day free trial available Varies by plan and region Varies by plan and region Varies by plan and region Varies by plan and region
Bulk Send Available on paid plans including premium tiers Available on business and enterprise plans Available on select enterprise plans Available on paid plans with limits Available on paid plans; feature limits vary
Audit Trail Comprehensive audit trail included with every transaction Comprehensive audit trail included with every transaction Comprehensive audit trail included with every transaction Comprehensive audit trail included with every transaction Comprehensive audit trail included with every transaction
HIPAA Compliant HIPAA compliance available with BAA HIPAA compliance available with BAA HIPAA compliance available with enterprise plan Not typically HIPAA compliant Not typically HIPAA compliant
Envelope Cap No envelope cap; usage-based options available 100 envelopes per user per year limit Varies by plan and contract Varies by plan and account limits Varies by plan and account limits

Frequently asked questions about Schedule G - Executory Contracts and Unexpired Leases

Answers to common questions about preparing, filing, and validating Schedule G entries, including electronic submission and retention.


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