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during a chapter 11 you can buy or sell
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whether it’s real property or other
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types of property and happens quite
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frequently one of the biggest benefits
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of chapter 11 that businesses use is
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they can sell assets free and clear in a
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chapter 11 they can have a sale where
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it’s a completely clean sale and buyers
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like that they get a federal court order
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that says the sale is free and clear of
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all claims so it is a very powerful part
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of the chapter 11 process if a company
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needs additional equipment or additional
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property it can also purchase but far
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more often what we see are orderly sales
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Boca Rotan, FL bankruptcy lawyer Aaron Wernick talks about buying or selling during the Chapter 11.