Upsetting A Bankruptcy Auction: Money Talks - Mondaq News Alerts (re...

06/01/14

Upsetting A Bankruptcy Auction: Money Talks
Mondaq News Alerts (registration)
After a bankruptcy auction to sell a peanut manufacturing plant concluded, but before a court hearing to approve the sale, a chapter 7 trustee received a substantially higher bid from a party that had not participated in the auction. Under the ...

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