363 Sales: What is New and What You Need to Know (ECB211014-2B)

Thursday, October 14, 2021

1:45 PM to 3:15 PM (Eastern Daylight Time)

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About the Program

Despite the challenges posed by the pandemic, Section 363 sales remain a vital tool for an effective reorganization and/or liquidation. This program will explore the ways in which the pandemic has changed the landscape for 363 sales – from initial marketing of an asset to the entry of a final order approving the sale. Panelists will also discuss recent examples of 363 sales within and outside of Connecticut, and the hurdles they overcame in getting the sale approved. 

You Will Learn

  • Strategies for effective advertising and marketing assets despite limitations on due diligence
  • The benefits and limitations of technology in all aspects of the sale process – marketing, auction, sale approval
  • Secured creditor considerations including 363 sales in administratively insolvent estates, and lenders’ right to credit bid or receive bid protections
  • The permissible scope of free and clear protections in the sale order, and other protections sought by purchasers 

Who Should Attend

This program assumes general familiarity with section 363 and the bankruptcy sale process, but would benefit practitioners of all levels in understanding the nuances that have impacted the 363 sale process for the past year and half. 

CLE Credit: 1.5 CT (General); 1.5 NY (AOP)

Speakers

Hon. James Tancredi Hon. James J. Tancredi
U.S. Bankruptcy Court, District of Connecticut, Hartford

!No-Headshot Lawrence S. Grossman
Green & Sklarz LLC, New Haven

Eric Henzy1 Eric A. Henzy
Zeisler & Zeisler PC, Bridgeport

JScott Victor J. Scott Victor
SSG Capital Advisors LLC, West Conshohocken, PA

Moderator

Taruna Garg Taruna Garg
Murtha Cullina LLP, Stamford