Rise In Section 363 Sales Not Confined To Ch. 11
Companies struggling to find affordable financing in Chapter 11 (in the form of debtor-in-possession financing, refinancing or exit financing), or seeking to minimize the administrative costs associated with full-fledged Chapter 11 cases, are increasingly opting for section 363 sales or prepackaged bankruptcies in an effort to fast-track the process.
The pervasiveness of sales of all or substantially all of...
To view the full article, register now.