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Commercial Law

The Myth of the Newspaper Notice

Maybe you represent a secured lender. Perhaps you represent a Chapter 11 debtor selling its assets under ' 363, or maybe you are a federal equity receiver, an assignee for the benefit of creditors, or maybe a state court receiver who is selling a company's assets pursuant to state law. Where do you post the information?

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Maybe you represent a secured lender. You are to assist your client in its exercise of rights under UCC ‘ 9-610 to sell its collateral after it has foreclosed. Perhaps you represent a Chapter 11 debtor selling its assets under ‘ 363, or maybe you are a federal equity receiver, an assignee for the benefit of creditors, or maybe a state court receiver who is selling a company’s assets pursuant to state law.

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