United States:
Credit Bidding After Fisker
24 December 2015
Herrick, Feinstein LLP
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Stephen Selbst published an article in The Review of Banking
& Financial Services in which he notes that credit bidding has
become more prevalent and more controversial in chapter 11 sales of
collateral. Stephen reviews the Supreme Court's historically
strong endorsement of the right of a secured lender to a credit bid
and how that right has since been narrowed for cause beginning with
In re Fisker Automotive Holdings, Inc.
To read the article, please click: Credit Bidding After Fisker.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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