The court-fashioned doctrine of "equitable mootness" has frequently been applied to bar appeals of bankruptcy court orders under circumstances where reversal.
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.
In a question certified by the Ninth Circuit Court of Appeals, the Nevada Supreme Court recently held via a split decision that a prior lender's action attacking an HOA sale is subject to a four-year limitations period.