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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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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. ....

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Texas District Court: Bankruptcy Sale Break-Up Fee Satisfied Both Business Judgment Test and Administrative Expense Standard | 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 the. ....

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Texas District Court: Bankruptcy Sale Break-Up Fee Satisfied Both Business Judgment Test And Administrative Expense Standard - 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 in a sale of the debtor's assets outside. ....

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Stalking Horse Bidder May Be Entitled To Administrative Priority For Expenses Despite Failure To Close Bankruptcy Sale - Insolvency/Bankruptcy/Re-structuring

The parties ultimately entered into a settlement that, if approved by the bankruptcy court, would result in the bidder receiving $4 million. ....

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