363 Sales In Light Of Economic Recovery

Law360, New York (March 10, 2010, 6:02 PM EST) -- In the depths of the recent credit crisis — when credit was simply unavailable and the value of assets declined dramatically — many debtors relied on 11 U.S.C. § 363 to sell substantially all of their assets. However, as fears of systemic financial collapse subsided and credit markets have begun to thaw, it appears that companies and their creditors have shifted their focus to out-of-court restructurings and “prepackaged” and prearranged bankruptcy filings.

363 Sales Utilized During Credit Crisis

The recent financial crisis adversely impacted credit markets...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.