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Expert Analysis

Post-Fisker Credit-Bidding Concerns Are Unwarranted

Law360, New York (March 13, 2014, 1:03 PM EDT) -- Section 363 of the Bankruptcy Code governs the sale of a debtor's assets outside of the ordinary course of business. A debtor may use Section 363 to sell all, or substantially all, of its assets free and clear of any liens and encumbrances, with the proceeds of such sale to inure to the benefit of the creditors of the debtor's bankruptcy estate....

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