Introduction
| Jurisdiction | United States |
Introduction
With the meltdown of the financial markets in fall of 2008, and the slow recovery and illiquidity since, many bankruptcy filings, large and small, have been filed to quickly sell assets under § 363. Notable examples include Chrysler, GM, Lehman Brothers, numerous sports teams (Chicago Cubs, Phoenix Coyotes, Texas Rangers, Dallas Stars and LA Dodgers1), Philadelphia Tribune, and of course untold real estate projects. The recent COVID-19 pandemic, and its undeniable ripple effects on the economy, will likely result in numerous...
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