Section 363 Sales: Who Doesn’t Like A Bargain?

Law360, New York (June 1, 2009, 12:00 AM EDT) -- Perhaps its capitalism’s form of “natural selection.” Whatever you call it, through the myriad of factors causing today’s difficult economic climate, one clear result is a substantial increase of bankruptcy filings across the country.

No sector appears immune from the effects of the downturn. Retail, homebuilders, auto, energy, metals — you name it and there is a good chance that one or more entities within a given sector has recently or soon will enter into a bankruptcy proceeding.

Not surprising, as a result of the upswing...
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