Bankruptcy sales and successor liability: beware of attacks on so-ca...

06/26/13

Bankruptcy sales and successor liability: beware of attacks on so-called “free ...
Lexology (registration)
Buyers of assets through the bankruptcy court process seek comfort and solace in the entry of a sale order providing for the transfer of assets “free and clear” of all liabilities. Except for those liabilities expressly assumed by the buyer and new ...

[more]