Improving Bankruptcy Sales by Raising the Bar: Imposing a Preliminary Injunction Standard for Objections to Section 363 Sales

Author:

Bruckner Matthew A.

Publisher

Elsevier BV

Reference51 articles.

1. Cir. 1992). In re Koreag arose in the context of a turnover action in a � 304 cross-border case. Id. at 344, 348. Different issues are raised in a turnover action than in the Quick Sale context. See JP Morgan Chase Bank v. Altos Hornos de Mexico;Controle Koreag;re Koreag, Controle et Revision S.A.), 961 F.2d

2. 2005) (citing Warnick v. Yassian (In re Rodeo Canon Dev;362 F.3d,2004

3. The New Chapter 15 of the Bankruptcy Code: A Step Toward Erosion of National Sovereignty, 27 NW;J. INT'L L. & BUS,2006

4. Section 363(m) already provides a significant degree of protection for an asset purchaser in a Quick Sale. 11 U.S.C. � 363(m) (2006) (according a good faith purchaser protection regardless of knowledge of an appeal);A case-by-case approach prevents the bankruptcy regime from achieving one of its central objectives: achieving efficient and expedient judicial resolution of disputes at minimal cost. See Edna Sussman,2010

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