Chapter 11 Asset Sales

Citation data:

Delaware Journal of Corporate Law, Vol. 27, No. 3, 2004

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SSRN
SSRN Id:
574142
Author(s):
Scott D. Cousins
Tags:
Delaware; Journal; Corporate; Law; Chapter 11; Asset; Sales
paper description
A debtor, specifically a dot-com company, may liquidate under a Chapter 11 bankruptcy instead of attempting to reorganize. There are several benefits to the company as well as to its creditors under a Chapter 11 liquidation rather than a Chapter 7 liquidation. This article details the concepts, processes and requirements of asset sales in connection with Chapter 11 of the Bankruptcy Code.