Rules Of The Road: Buying Distressed Assets

Law360 (January 5, 2010, 3:11 PM EST) -- The high profile section 363 sales of GM, Chrysler and other distressed businesses during the current recession have debunked the myth that the formal bankruptcy process cannot support quick, complex asset sales and convinced the business community that a bankruptcy filing does not necessarily destroy consumer confidence or capsize a carefully deployed sales process....

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