Sales of Property in Bankruptcy
12:00 to 1:30 pm EST
The topic is real estate transactions in bankruptcy. The program will provide a step-by-step analysis of the process for initiating and completing real estate transactions in bankruptcy cases, whether in chapter 11 or chapter 7. The program will cover some basics of bankruptcy policy and law, retention of brokers and other professionals to assist with a transaction, the bidding procedure and auction process, and ultimately transaction approval from the bankruptcy court. Also included will be discussion on specific issues that may arise in transactions, including, break-up fees and expense reimbursement issues in bidding procedures and avoidance of transfer taxes in certain circumstances.
For more information, please contact Adrienne Hope, CLE/Training Coordinator, [email protected].