InvestorsHub Logo
Followers 241
Posts 12065
Boards Moderated 0
Alias Born 04/05/2009

Re: romang post# 441

Tuesday, 05/14/2013 8:41:38 AM

Tuesday, May 14, 2013 8:41:38 AM

Post# of 588
A Section 363 sale is designed to lead to a quick sale.

The buyer ends up purchasing assets free and clear of any liens and encumbrances. The end result for the estate is a pile of cash to distribute to the stakeholders based on absolute priority subject to senior class "give ups".

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.