Section 363 Sales Considerations
JD Supra: Mergers
APRIL 23, 2025
Distressed entities seeking to sell assets often encounter commercial and legal challenges related to existing claims or resistant constituents. One possible solution to those challenges is to sell assets in bankruptcy through a 363 sale process. Section 363 of the US Bankruptcy Code allows a debtor, following notice and a hearing, to use, sell, or lease its property outside of the ordinary course of business.
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