The 503 (b)(9) Administrative Claim Dilemma In 363 Sales

March 1, 2016Articles Journal of Corporate Renewal

U.S. Bankruptcy Code Section 363 asset sales have become a favored bankruptcy alternative to the traditional Chapter 11 reorganization. One big reason is perceived cost savings. Because Section 363 sales generally are concluded much sooner than confirmation of a Chapter 11 plan, the associated costs are seen to be much lower.

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