Asset Sales

2017 Winter Leadership Conference - The Role Of Financial Advisors And Investment Bankers In Bankruptcy Sales

Hosted by the Asset Sales and Financial Advisors and Investment Banking Committees. FAs, IBs, RE advisors, attorneys: too many cooks in the kitchen? This panel will discuss the anatomy of the bankruptcy sales process and focus on optimizing value by drawing on the resource skills of attorneys, investment banks, financial advisors and real estate advisors.

2017 Annual Spring Meeting - The Top 10 Issues to Be Aware of When Buying a Health Care Business, and How to Plan for the Inevitable Surprises

This panel hosted by the Asset Sales and Health Care Committees will discuss the Top 10 Issues to Be Aware of When Buying a Health Care Business, and How to Plan for the Inevitable Surprises.

Committee Webinar - Key Issues Regarding Bidding Procedures

This webinar will provide an overview of key provisions in, and frequent disputes regarding, bidding procedure orders and bidding procedures. The webinar will cover both a basic introduction to the topic, as well as a discussion on advanced hot issues and recent trends in this area of law.

Committee Webinar - Creditor Committees and Individual Creditors in Asset Sales

The Asset Sales Committee will host a webinar on the roles of secured, undersecured and unsecured creditors and committees in asset sales and bidding processes involving complex capital structures. The discussion will focus on the challenges and complications that can arise in seeking an expedited sale free and clear of claims and liens and means by which creditors and committees can use the sale process to their advantage.

Asset Sales September/October 2018

Seventh Circuit Throws Potential Life Raft to Completely Underwater Junior Creditors by Leaving Open an Argument for Adequate Protection in a § 363 Sale

Adequate protection is one of the central protections provided to secured creditors by the Bankruptcy Code, and it is designed to protect against any diminution of the value of the secured creditor’s lien during the course of a debtor’s bankruptcy proceedings. Adequate protection must be provided when, among other circumstances, a debtor sells a secured creditor’s collateral pursuant to Bankruptcy Code § 363.

Chapter 15 Settlements and Sales: Noticing Foreign Creditors and the Three-Step Approval Process

Similar to domestic bankruptcy cases, in chapter 15 cases the sale or disposition of property located in the U.S. may be accomplished pursuant to asset sales under § 363 of the Bankruptcy Code, Rule 9019 settlements, or a combination of the two.[1] In a chapter 15 proceeding, the foreign representative must provide notice to all creditors regarding settlements and asset sales and obtain timely approval from the U.S.