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- Title
Section 363 Sales After the Covid-19 Pandemic.
- Authors
Fruchter, Steven
- Abstract
The article explains the necessity for U.S. debtors to provide a virtual attendance option for participating in Bankruptcy Code Section 363 asset auctions during the COVID-19 pandemic and in the post-pandemic world. Topics discussed include the role of the Bankruptcy Act of 1867 as the origin of Section 363, implication of the various standards used by bankruptcy courts to determine asset eligibility for auction under Section 363, and benefit of remote auctions in terms of competitive bidding.
- Subjects
UNITED States; VIDEOCONFERENCING; AUCTIONS; ASSETS (Accounting); DEBTOR &; creditor; BANKRUPTCY; COVID-19 pandemic; BANKRUPTCY courts; BIDS
- Publication
American Bankruptcy Law Journal, 2021, Vol 95, Issue 2, p367
- ISSN
0027-9048
- Publication type
Article