Delaware court finds "cause" to limit credit-bid to facili...

04/03/14

Delaware court finds "cause" to limit credit-bid to facilitate bankruptcy auction
Lexology (registration)
12, 2014), a Delaware bankruptcy court limited a creditor's ability to credit bid its debt in connection with the sale of a hybrid car manufacturer's assets. Although the court limited the amount of the credit-bid to the distressed purchase price ...

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