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Re: None

Tuesday, 05/21/2013 10:00:59 AM

Tuesday, May 21, 2013 10:00:59 AM

Post# of 588
http://www.munsch.com/files/1610223_1.pdf

• The credit bidder should consider including enough extra cash in the transaction so that unsecured creditors get some recovery and/or the debtor can wind down the estate prior to becoming administratively insolvent. Otherwise, the debtor and the credit bidder should expect a hotly contested section 363 sale as they have left the unsecured creditors with no option but to accept a zero recovery.

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