Chapter 11 Asset Sales
24 Pages Posted: 10 Aug 2004
A debtor, specifically a dot-com company, may liquidate under a Chapter 11 bankruptcy instead of attempting to reorganize. There are several benefits to the company as well as to its creditors under a Chapter 11 liquidation rather than a Chapter 7 liquidation. This article details the concepts, processes and requirements of asset sales in connection with Chapter 11 of the Bankruptcy Code.
Keywords: Delaware, Journal, Corporate, Law, Chapter 11, Asset, Sales
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