With the ongoing shutdown of tens of thousands of businesses causing massive unemployment, bankruptcy filings will inevitably increase substantially. The Bankruptcy Code is designed to facilitate the sale of assets.
Bankruptcy Sales: Finding a Diamond In the Rough
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.
By
Matthew I. Kramer
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