⚡️Here a Sale. There a Sale. Everywhere a Sale Sale! (Long Bankruptcy Code Section 363)⚡️

Aug 07, 2019

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— Barneys New York (@BarneysNY) August 6, 2019

In a nutshell, bankruptcy code section 363 allows a debtor to sell assets free and clear of liens and encumbrances.

In other words, a company can sell itself and the buyer can leave a bunch of bad sh*t behind. It’s a powerful tool an…

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