The Sale and Purchase of Assets of Distressed Companies in Bankruptcy: Section 363 of the Bankruptcy Code

$145.00

Clear
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Course Description

This program was recorded on May 7, 2021

Often when businesses fail and are forced to file Bankruptcy to liquidate or reorganize, the assets of the business are sold through the Bankruptcy Court offering opportunities for competitors or others to purchase the assets free of encumbrances and liabilities under Section 363 of the Bankruptcy Code. This course is designed to explore the reach and limits of the bankruptcy sale process, its advantages and disadvantages, issues to consider when selling or purchasing and planning for a successful sale or purchase. Actual sale examples, creative solutions and practice tips in this area will be discussed as well.

Speaker Bio
2 General Credits
Course Agenda

Attorney J. Ronald JonesJ. Ronald Jones Jr
Ron Jones is no stranger to the financial services industry, having spent the past 32 years representing banks and lenders throughout North Carolina and South Carolina. As a partner at Smith Debnam, Ron concentrates his practice in the areas of commercial law and bankruptcy, including all areas of creditors’ rights, such as the Uniform Commercial Code, Consumer Protection Code, the Fair Debt Collection Practices Act, Claim and Delivery, Replevin, Foreclosure Law, Real Estate and Bankruptcy. A certified specialist in bankruptcy and debtor-creditor law by the South Carolina Supreme Court, Ron represents both secured and unsecured creditors, lenders, lessors, investors, asset purchasers, creditors’ committees, and occasionally, debtors. His practice also involves real estate issues, including contracts to sell, conveyances, and related title issues.

Contact J. Ronald Jones Jr

2 General Credits

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Each On-Demand course is available to you for 1 year from date of purchase. Additionally, CLE credit is only available within that year.

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Course Agenda

  1. When a Section 363 sale makes sense
  2. Planning for a Section 363 Sale
  3. Sale Strategy - Local Rules and Procedures
  4. Bidding Procedures
  5. The Auction or Pure Public Sale
  6. Private Sales and the concept of the Stalking Horse
  7. Higher and Better Offers
  8. Sales Free and Clear of Liens and Encumbrances
  9. Good Faith Purchaser and Successor Liability
Monday: 9am - 6pm ET
Tuesday: 9am - 6pm ET
Wednesday: 9am - 6pm ET
Thursday: 9am - 6pm ET
Friday: 9am - 4pm ET
Saturday/Sunday: Email Only
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