Stalking Horse Procurement
Today one of the most common means of quickly disposing of assets is under section 363 of Chapter 11 bankruptcy code. A Chapter 11 debtor has the fiduciary duty to achieve the highest and best price for its assets. In order to achieve a sale in Ch. 11, a 'stalking horse' bidder must be procured. Fairway Advisors can procure a 'stalking horse' and then expand the marketing for an overbid once the court has approved the sale procedure.
Contact us today to discuss our services.