Types Of Assets That Can Be Sold In Bankruptcy

Law360, New York (August 27, 2013, 12:04 PM ET) -- One of the benefits of using Section 363 of the Bankruptcy Code as a tool to implement an asset sale is that the statute was designed to be extremely broad in scope. Accordingly, a debtor or trustee in bankruptcy can use Section 363 to sell any and/or all property of the bankruptcy estate — free and clear of liens, claims and interests — to a buyer. Such property include, but are not limited to, the following assets:

tangible personal property, such as machinery, equipment, inventory, furniture...
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