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Fifth Circuit: Bid Protections For Stalking Horse In Bankruptcy Asset Sale Satisfied Both Business Judgment And Administrative Expense Standards - Insolvency/Bankruptcy

Bankruptcy and appellate courts disagree over the standard that should apply to a request for payment of a break-up fee or expense reimbursement to the losing bidder.

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Texas
United-states
Philadelphia
Pennsylvania
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Fifth Circuit: Bid Protections for Stalking Horse in Bankruptcy Asset Sale Satisfied Both Business Judgment and Administrative Expense Standards | Jones Day

Bankruptcy and appellate courts disagree over the standard that should apply to a request for payment of a break-up fee or expense reimbursement to the losing bidder in a sale of assets.

Philadelphia
Pennsylvania
United-states
Texas
Channelview
Obrien-envtl
Jerrye-smith
Co-inc
Centerline-logistics-corp
Calpine-corp
Genco-shipping-trading-ltd
Philadelphia-newspapers

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