Section 363(m) of the Bankruptcy Code provides that the reversal or modification of an order approving a sale or lease of assets in bankruptcy does not affect the validity of the sale.
U S Supreme Court Rules that Bankruptcy Code s Protection of Unstayed Asset Sale Orders to Good-Faith Purchasers Is Not Jurisdictional lexology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lexology.com Daily Mail and Mail on Sunday newspapers.
Section 363(m) of the Bankruptcy Code is one of the most important and well-known statutes to bankruptcy practitioners. This section of the Bankruptcy Code protects a good faith asset.
In a ruling issued just yesterday, MOAC Mall Holdings LLC v. Transform Holdco LLC et al., 598 U.S. , 2023 WL 2992693 , the United States Supreme Court held that Bankruptcy Code section 363 is. | May 4, 2023
In a ruling issued just yesterday, MOAC Mall Holdings LLC v. Transform Holdco LLC et al., 598 U.S. , 2023 WL 2992693 (2023) ("MOAC"), the United States Supreme Court (the "Supreme Court") held.