363 Sales: Watch It – A Good Faith Deposit May Not Be As Reliable Fo...
05/15/13
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363 Sales: Watch It – A Good Faith Deposit May Not Be As Reliable For ...
Mondaq News Alerts (registration)
A stalking horse (BMC) was the winning bidder in a section 363 bankruptcy sale. After the sale to BMC failed to close and the debtors' assets were instead sold to a back-up bidder, BMC claimed that it was entitled to a refund of its 5% good faith ...
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Mondaq News Alerts (registration)
A stalking horse (BMC) was the winning bidder in a section 363 bankruptcy sale. After the sale to BMC failed to close and the debtors' assets were instead sold to a back-up bidder, BMC claimed that it was entitled to a refund of its 5% good faith ...