Bankruptcy Sales: Sometimes The Mortgagee Wins - Mondaq News Alerts ...
03/05/14
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Bankruptcy Sales: Sometimes The Mortgagee Wins
Mondaq News Alerts (registration)
A chapter 11 trustee sought court approval of a Section 363 sale of the debtor's hotel to its secured creditor for a credit bid of ~$13.8 million. The debtor raised a number of objections, including that the bid was too low, the property was not ...
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Mondaq News Alerts (registration)
A chapter 11 trustee sought court approval of a Section 363 sale of the debtor's hotel to its secured creditor for a credit bid of ~$13.8 million. The debtor raised a number of objections, including that the bid was too low, the property was not ...