Wow, Thanks, Stock up on the gauze , I'll look this over in detail tonite, appreciate ur time & effort to keep us informed, & "out of the dark"! Good luck tomorrow !
The goal of the purchaser at a Section 363 sale is to take advantage of the financial distress of the seller and the power of the Bankruptcy Code to make a safe, profitable investment. While a Section 363 sale is a complex exercise with risks for the unwary, it can be an efficient avenue for a well-prepared buyer to acquire a financially troubled business.