Section 363 Bankruptcy Sales: Credit Bids and Distressed Asset Transactions — Legal Strategies for Buyers and Lenders

Derek Stoldt, Partner in the Corporate & Finance Department, and Michael Solow, Partner and Co-Chair of the Business Reorganization and Creditors' Rights Department, participated in a live 90-minute CLE teleconference with interactive Q&A hosted by Strafford on May 12, 2009. The seminar, titled "Section 363 Bankruptcy Sales: Credit Bids and Distressed Asset Transactions — Legal Strategies for Buyers and Lenders," reviewed the Section 363 bankruptcy sale process, the expanding use of credit bids by investors in distressed debt, the implications of the Clear Channel case on credit bids, and offer best practices for buyers and secured creditors involved in Section 363 sales.