Bankruptcy
Trustees

Today one of the most common means of quickly disposing of assets is under section 363 of Chapter 11 bankruptcy code.

Bankruptcy Trustees

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.

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