Bankruptcy sales combine the best of law and business with the goal of returning assets to productive use. A sale of assets is generally “out of the ordinary course of business” and may be accomplished by either a negotiated, private sale or by a public auction sale. One of the best aspects of a bankruptcy sale is a federal court order blessing the transaction and permitting the assets to be conveyed “free and clear”. By understanding the tools which the Bankruptcy Code provides, creative business acquisitions can be accomplished in distressed situations which await those with the insight to recognize opportunity and intrinsic value. In addition to understanding the various mechanisms to accomplish a sale, the presenters will highlight "best practices" and "practice pointers" - benefiting all skill levels (from junior to seasoned practitioners).
Date: Thursday, December 15, 2016 - 9:00-10:30 am (EST)
Cole Schotz, P.C. 25 Main Street, Hackensack, NJ 07601
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