The nuts and bolts of credit bidding: a primer for traditional lenders and distressed debt investors

What is credit bidding? Distilled to its most basic level, Section 363(k) of the Bankruptcy Code gives a secured creditor the right to use up to the full amount of the debt owed to the secured creditor by the debtor as currency in a bankruptcy auction sale of the collateral securing the debt owed to the secured creditor.

Filed under:
USA, Insolvency & Restructuring, Sills Cummis & Gross P.C., Bankruptcy, Credit (finance), Debtor, Collateral (finance), Debt, Secured creditor, Distressed securities, Title 11 of the US Code
Location:
USA
Firm:
Sills Cummis & Gross P.C.
Intellectual property and bankruptcy: strategies for intellectual property licensees who depend upon the use of complementary trademarks when a licensor files for bankruptcy

The bankruptcy of a licensor can dramatically impact the rights of an intellectual property licensee.

Filed under:
USA, Insolvency & Restructuring, Litigation, Trademarks, Sills Cummis & Gross P.C., Bankruptcy
Location:
USA
Firm:
Sills Cummis & Gross P.C.