Petition of the day
on Mar 1, 2017 at 11:30 pm
The petition of the day is:
16-764
Issues: (1) Whether the due process clause requires a debtor selling its assets under Section 363 of the Bankruptcy Code to notify its creditors not only of the details of the sale, as required by Section 363, but also of the grounds for potential claims against the seller; and (2) whether a seller’s failure to provide potential creditors with adequate notice of a Section 363 sale deprives the good-faith purchaser of Section 363’s “free and clear” protections.
