Real Estate/Development,
Bankruptcy
Aug. 24, 2018
Explore the complexities of property sales in bankruptcy
Parties that find themselves involved in the purchase of property that is either wholly, or partially, owned by an entity in bankruptcy must be aware of a variety of complex and important considerations that may affect their ability to close the acquisition
Stuart B. Rodgers
Lane & Nach, P.C.Phone: (602) 258-6000
Email: stuart.rodgers@lane-nach.com
Stuart practices in the areas of bankruptcy law, civil litigation, tax lien foreclosure and creditors' rights. This article should not be considered or construed as legal advice on any fact or circumstance. You should consult your own attorney regarding your own personal situation or any legal question you may have.
Parties that find themselves involved in the purchase of property that is either wholly, or partially, owned by an entity in bankruptcy must be aware of a variety of complex and important considerations that may affect their ability to close the acquisition.
Pursuant to 11 U.S.C. Section 363(f), a Chapter 7 trustee, a Chapter 11 debtor-in-possession, or a Chapter 13 debtor may sell property of the estate (subject to proper notice) fr...
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