Credit Bid: Loan-To-Own Strikes Out - Mondaq News Alerts (registrati...

09/14/14

Credit Bid: Loan-To-Own Strikes Out
Mondaq News Alerts (registration)
The new lender told the debtors that it wanted them to file bankruptcy and sell substantially all of their assets to the new lender in a Section 363 sale. The debtors agreed to cooperate on the condition that the sale of assets was in the best ...

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