Corporate Bargain Hunting In The Bankruptcy Bin

Law360, New York (September 9, 2009, 2:39 PM EDT) -- In today’s economic climate, mergers and acquisitions in the corporate setting have virtually evaporated. Despite, or perhaps because of, the current economic recession, there are a number of great bargains in today’s economic climate — especially in the assets of bankrupt companies and corporations.

Many business people are unaware of the fact that the United States Bankruptcy Code provides a very attractive auction process for the sale of bankrupt companies’ assets, and that such a purchase is structured in a way that it should alleviate the...
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