Seeking Clarity On Credit Bidding

Law360, New York (May 17, 2012, 3:05 PM EDT) -- There may soon be an answer to one of the hottest questions in bankruptcy law in recent years: does a secured creditor have an absolute right to credit bid? On April 23, 2012, the United States Supreme Court heard oral arguments in the case of RadLAX Gateway Hotel LLC v. Amalgamated Bank, 132 S. Ct. 845 (2012). At issue in the case is whether a Chapter 11 debtor can sell its encumbered assets at auction without providing its secured lender(s) with the opportunity to credit bid....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!