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K&L Gates LLP has announced that John A. Bicks has joined the firm”s New York office as a partner in the restructuring and bankruptcy practice. Bicks advises a broad array of clients ” including debtors, official and unofficial committees, individual creditors, equity holders, purchasers of assets, and plan sponsors ” in bankruptcy proceedings and out-of-court restructurings. He joins K&L Gates from SNR Denton.
Sam Alberts has joined SNR Denton in Washington, DC, as a partner in the firm”s Restructuring and Insolvency practice. Alberts was previously a partner with Dickstein Shapiro LLP. He has extensive experience in complex domestic and cross-border business and government-related restructurings and bankruptcies. Alberts represents clients in a number of key industries, in particular finance and health care, as well as government agencies.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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