363 Sales

Seventh Circuit: Section 363(m) Does Not Moot but Instead Provides a Defense to an Appeal of an Unstayed Bankruptcy Asset Sale Order - JD Supra

08/20/19

Seventh Circuit: Section 363(m) Does Not Moot but Instead Provides a Defense to an Appeal of an Unstayed Bankruptcy Asset Sale Order  JD Supra

In Trinity 83 Dev., LLC v. ColFin Midwest Funding, LLC, 917 F.3d 599 (7th Cir. 2019), the U.S. Court of Appeals for the Seventh Circuit held that section 363(m) of ...

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Former estate agent and grocer Aaron Drever declared bankrupt over million-dollar debts - New Zealand Herald

08/20/19

Former estate agent and grocer Aaron Drever declared bankrupt over million-dollar debts  New Zealand Herald

Former real estate agent and businessman Aaron Drever has been declared bankrupt in the High Court at Auckland. Drever, who was found personally liable for ...

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Terra Tech to sell Blüm marijuana dispensary in Reno for $15M - Reno Gazette Journal

08/20/19

Terra Tech to sell Blüm marijuana dispensary in Reno for $15M  Reno Gazette Journal

Cannabis giant Terra Tech Corp. is selling Reno Blüm dispensary to Picksy Reno LLC.

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Beverly Hills' Billion-Dollar Listing, The Mountain, Sells for $100K - Hollywood Reporter

08/20/19

Beverly Hills' Billion-Dollar Listing, The Mountain, Sells for $100K  Hollywood Reporter

After months of legal wrangling, the 157-acre plot of land atop Tower Grove Drive in Beverly Hills sold to the Mark Hughes Trust, named after the founder of ...

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Washington District Court Overturns Approval of Third-Party Releases in a Settlement Agreement and Related Free-and-Clear Sale - JD Supra

08/20/19

Washington District Court Overturns Approval of Third-Party Releases in a Settlement Agreement and Related Free-and-Clear Sale  JD Supra

For nearly 25 years, courts in the Ninth Circuit have consistently refused to sanction nonconsensual third-party releases as part of chapter 11 plans. A ruling ...

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Creditors spar over proposed budget for Philadelphia hospital sale - Becker's Hospital Review

08/20/19

Creditors spar over proposed budget for Philadelphia hospital sale  Becker's Hospital Review

Creditors are battling during bankruptcy proceedings over payment related to the closure of Hahnemann University Hospital, according to KYW Newsradio.

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Upstate NY's biggest casino agrees to sale - syracuse.com

08/20/19

Upstate NY's biggest casino agrees to sale  syracuse.com

Resorts World Catskills will be taken over by investor, rather than declare bankruptcy.

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Idled Philadelphia refinery is laying off most workers immediately - The Philadelphia Inquirer

08/20/19

Idled Philadelphia refinery is laying off most workers immediately  The Philadelphia Inquirer

Philadelphia Energy Solutions notified the Steelworkers Union on Tuesday that most of the unionized workforce would be let go immediately at the bankrupt ...

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Judge gives final OK to Cloud Peak Sale - Laramie Boomerang

08/20/19

Judge gives final OK to Cloud Peak Sale  Laramie Boomerang

GILLETTE — Saying Cloud Peak Energy Corp. conducted “a very robust auction process,” a U.S. Bankruptcy Court judge needed less than 30 minutes Monday ...

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SBI, Bharat Petroleum Oppose Venugopal Dhoot’s Plea For Moratorium On Videocon’s Overseas Assets - BloombergQuint

08/20/19

SBI, Bharat Petroleum Oppose Venugopal Dhoot’s Plea For Moratorium On Videocon’s Overseas Assets  BloombergQuint

State Bank of India and a Bharat Petroleum Corporation Ltd.'s subsidiary opposed Venugopal Dhoot's plea in the National Company Law Tribunal to extend the ...

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