A Practical Guide in Section 363 Sale Process

Section 363 of the U.S. Bankruptcy Code is a significant tool for distressed companies seeking to sell their assets. It also provides potential buyers with the chance to purchase assets at a bargain price and free of liens through the bankruptcy process. However, though the Section 363 sale process provides several opportunities to both debtor and creditor, the risks associated with acquiring a distressed business should always be underscored.

The unexpected disruptions in the bankruptcy asset sale landscape brought by the COVID-19 pandemic have also created myriad challenges. Thus, businesses and practitioners should have an in-depth knowledge of the sale process and ensure careful planning to avoid drawbacks.

In this live webcast, bankruptcy experts Ryan Sullivan (Curran Antonelli) and David Straub (Delaware Trust) will provide a comprehensive discussion of the Section 363 sale process. Among the topics to be reviewed are common risk issues and practical strategies to successfully acquire assets, especially during the COVID-19 crisis.

Field of Study: Business Law