Contact: John Hartgen
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(703) 739-0800
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href='mailto:jhartgen@abiworld.org'>
color='#0000ff' size='3'>jhartgen@abiworld.org
NEW ABI
PUBLICATION PROVIDES IN-DEPTH ANALYSIS OF ASSET SALES UNDER §363 OF
THE BANKRUPTCY CODE
size='3'>May 11, 2009 Alexandria, Va.
— The American Bankruptcy Institute’s
latest book, A Comparison
Shopping Guide for 363 Sales, provides
practitioners with an in-depth review and analysis
of asset sales approved pursuant to §363 of the Bankruptcy
Code. Written by Kelly K. Frazier of
Steptoe & Johnson LLP (Los Angeles)
size='3'>, the
size='3'>Guide analyzes more than 25 key
provisions in purchase agreements approved in bankruptcy cases,
including break-up fees, expense reimbursement, record retention and
transition services. The book also provides an overview of a debtor's
restructuring options and discusses the bankruptcy sale process,
including the steps to a successful sale, the ability to sell assets
free and clear of liens and other interests, the assumption and
assignment of executory contracts as part of the sale, the availability
of an exemption from certain taxes, and other key issues to consider
when deciding whether to buy assets or equity interests through a
§363 sale.
Members of the press interested
in interviewing the author should contact John Hartgen at 703-894-5935
or jhartgen@abiworld.org
face='Times New Roman'>. The 284-page softbound
Guide
size='3'>includes a CD-Rom of Appendices and Exhibits, and is available
for pre-order ($50 ABI members; $75 non-members) at ABI's Online
Bookstore. Click here to order.
href='http://www.abiworld.org/abistore'>
color='#0000ff' size='3'>http://www.abiworld.org/abistore
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ABI is the largest multi-disciplinary, nonpartisan organization
dedicated to research and education on matters related to insolvency.
ABI was founded in 1982 to provide Congress and the public with unbiased
analysis of bankruptcy issues. The ABI membership includes nearly 12,000
attorneys, accountants, bankers, judges, professors, lenders, turnaround
specialists and other bankruptcy professionals, providing a forum for
the exchange of ideas and information. For additional information on
ABI, visit www.abiworld.org. For additional conference information,
visit
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