Zone of Insolvency

Zone of Insolvency

Tag Archives: Credit Bidding

Limiting the Right to Credit Bid: A New Trend?

Posted in U.S.
Earlier this month, in the In re The Free Lance-Star Publishing Co. bankruptcy cases, Judge Huennekens of the Bankruptcy Court for the Eastern District of Virginia issued a memorandum opinion which laid out the Court’s decision limiting the right of a secured creditor to credit bid.  The Court, pointing to a “perfect storm” of factors… Continue Reading