Use this button to switch between dark and light mode.

Bidding Farewell to the Bid Procedures

June 06, 2023 (2 min read)

You represent a party objecting to the bid procedures proposed in connection with the sale of a bankruptcy debtor's assets. Parties may object to a debtor’s bid procedures for a variety of reasons, including, among others, excessive bid protections and a quick timeline for the sale. Use this Practical Guidance template when drafting an objection to the debtor’s bid procedures.

Read now »

Related Content

  • Cure Objection
    Use this template when objecting to the debtor's proposed cure under the parties' executory contract or unexpired lease.
  • Breakup Fees
    Read this practice note for a discussion of breakup fees in the context of sales under Section 363(b) of the Bankruptcy Code.
  • Creditors’ Committee Objections
    See this practice note for a discussion of common creditors’ committee objections in Chapter 11 cases, including, among others, sale objections.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.

PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+

Tags: