Law360, New York (October 16, 2009) -- Being first has its benefits, but a company making a play for coveted assets as a stalking horse bidder will find that pulling off such a deal is no easy feat, with parties such as creditors, judges and other outside interests to contend with, attorneys say.
Derived from practices in which a hunter would hide himself behind a horse as he stalked his prey, the term is something of a misnomer as used in today’s bankruptcy...
