Junior Lienholders' Interests Extinguished in a "Free and ...

02/16/17


Junior Lienholders' Interests Extinguished in a "Free and Clear" Sale
Lexology (registration)
One forum where this dispute commonly arises is in the context of bankruptcy sales outside of the ordinary course of business. Section 363 of the Bankruptcy Code authorizes such sales with bankruptcy court approval. 11 U.S.C. ยง 363(b). But, section 363 ...

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