Is Section 363 All You Need to Know about Bankruptcy?
March 1, 2010
Once upon a time, companies would file Chapter 11 and spend years in bankruptcy. Not so today. Now, a company is just as likely to sell its business in a sale under Sectoin 363 of Chapter 11. What does this mean for the lender? What does the lender need to know about Section 363 to be sure it does not end up with less than it bargained for? Please see our article in The Secured Lender for answers.