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Looking a ‘Gift’ Horse in the Mouth: The Latest on Section 363

Thu, 22 Oct 2015 19:08:14 GMT

Something that may look a bit like a "gift plan" in the prohibited sense may turn out to be permissible under section 363 after all, according to a recent ICL decision written by Judge Thomas Ambro, in a precedent that will matter to anyone pursuing a distressed-assets strategy.

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