Co-Contributor: Doron Kenter
Asset sales in bankruptcy can be a tremendously efficient way to preserve value and minimize expenses and liabilities, but may also be complicated by the intricacies of the Bankruptcy Code and the public nature of bankruptcy cases. Both buyers and debtors should assess their strategic options to ensure that the Chapter 11 sale process is as streamlined and productive as possible. A recent article written by Jacqueline Marcus and Doron P. Kenter for Practical Law Bankruptcy discusses some of the considerations that prospective buyers and sellers of assets in bankruptcy should take into account. The article is available in full here.