One of the most critical issues that attorneys and courts face is what to do with company assets during bankruptcy, specifically, how to dispose of them. Selling the firm’s assets with court approval, allowable by §363 of the bankruptcy code, permits the sale of the...
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Month: January 2023
Court of Chancery clarifies jurisdiction requirements in recent case
The Delaware Court of Chancery has a national reputation as the preeminent forum for business disputes. This is, in part, due to the fact that Delaware draws a large number of businesses with its business-friendly laws and tax benefits. The Court of Chancery’s...