Owner pulls 'stalking horse bid' objected to by creditors ...
03/17/15
Owner pulls 'stalking horse bid' objected to by creditors and US trustee.
ChristianityToday.com
Normally, creditors need to approve a bankruptcy reorganization plan. But under section 363, only the bankruptcy court judge has to approve the sale of the business. FCS' lawyer, A. Todd Almassian, told CT, “The stalking horse bid was pulled, so the ...
and more »
[more]
ChristianityToday.com
Normally, creditors need to approve a bankruptcy reorganization plan. But under section 363, only the bankruptcy court judge has to approve the sale of the business. FCS' lawyer, A. Todd Almassian, told CT, “The stalking horse bid was pulled, so the ...
and more »
