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Burbage Weddell LLC law articles about Section 363 Sale
Sec. 363 – Use, Sale, Lease of Property
TITLE 11–BANKRUPTCY
CHAPTER 3–CASE ADMINISTRATION
SUBCHAPTER IV–ADMINISTRATIVE POWERS
Sec. 363. Use, sale, or lease of property
(a) In this section, “cash collateral” means cash, negotiable instruments, »»
363 Sale Plans Resurface in Grede Foundries Bankruptcy; Will this Bankruptcy be Different?
The Grede Foundries Official Committee of Unsecured Creditors (the “Committee”) confirmed on September 17, 2009 what only had been implied in other filings and indicated by a »»
Stant Bankruptcy 363 Sale; Have and Have Not Suppliers
The Stant bankruptcy is structured as a 363 Sale to an affiliate of an insider (i.e. a current equity holder). For suppliers this will be a case »»
DDJ Capital Derails Grede Foundries and Wayzatas Fast Track 363 Sale Strategy
DDJ Capital Management, LLC (“DDJ”) has thrown its money in front of the Grede Foundries fast track, 363 sale bankruptcy strategy. Grede Foundries planned a “fast-paced” »»
GM Bankruptcy – Cure Costs Procedures Catastrophic Failures
Automotive suppliers can only hope that GM will make better cars than they do cure cost procedures. Based on the cure cost objections (“Cure Cost Objections”) »»
Section 365 Bankruptcy Preference Defense – Overlooked, Underutilized
Feb. 19, 2009 – In an article entitled Section 365 Executory Contract Assumption Defense to a Bankruptcy Preference Claim, we discuss the absolute defense to a preference »»
GM Bankruptcy – Selective Cure List and Substantive Objections
There were approximately 479 objections filed by the June 15, 2009 deadline by suppliers and other trade creditors to GM’s proposed cure costs (click link to see »»
Chrysler LLC Bankruptcy – Supplier $1,000,000 Cure Cost Club
Chrysler LLC has filed 4 (the original and 1 amendment and 2 supplemental) lists of Assumed Designated Supplier Contracts and Cure Costs. Undoubtedly, there are changes that »»
Chrysler LLC Bankruptcy – Supplier Contract Cure Costs Horrors
A scanning of the “Cure Costs” objections shows a brewing mess that might hamper (depending on how the various objections are handled by the judge) the planned »»
Fluid Routing Solutions – Bankruptcy to Convert to 7, Preference Claims Coming
The other shoe in the Fluid Routing Solutions (now know as Carolina Fluid Handling Intermediate Holding Corp.) bankruptcy has finally dropped. On September 14, 2009, slightly »»