Do Quick-and-Easy Section 363 Sales Always Yield the Best Return on Collateral?
Because legal fees and other costs can stack up during a lengthy Chapter 11 reorganization, some asset-based lenders might welcome the trend toward §363 sales, reasoning that quicker sales ultimately will translate into maximum return on collateral. In reality, however, §363 is anything but a one-size-fits-all solution.
January 31, 2010
Chapter 11 reorganization | Chapter 11 reorganization plan | traditional Chapter | traditional Chapter 11 reorganization
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