Bring Me a Higher Bid: The Highest or Best Standard for § 363 Sales
Kirkland partner Chris Greco co-authored an article for American Bankruptcy Institute regarding asset sales under § 363.
"More U.S. companies filed bankruptcies with liabilities exceeding $1 billion in 2020 than in any year since 2009. Bankruptcy courts are often left with difficult decisions in these complex bankruptcies, including whether to approve the winning bid in an asset sale under § 363."
This article appeared in its entirety on the American Bankruptcy Institute blog on May 11, 2021.