art I of this four-part series discussed, in general terms, the prohibition of collusion in bankruptcy sales under section 363(n) of the Bankruptcy Code.
Committees
This article is the second in a series of articles discussing 363(n) and collusion in bankruptcy sales.
The wrongdoer has absconded with millions of dollars. Bad news – your defendant is out of the country, you don’t know where or whether there are assets.
Adrian Wright seemed to be a typical chapter 13 debtor. She filed her case, sought confirmation of her plan and life was moving along normally.
The Commercial Fraud Task Force Committee held a meeting at the ABI Winter Leadership Conference on Friday, Dec. 7, 2007.
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At the Winter Leadership Conference, the Bankruptcy Litigation Committee and the Commercial Fraud Task Force presented a joint program in the form of a mock hearing on a motion to appoint a trustee. The co-chair of the Litigation Committee, Judge Barry Russell, presided, and kept all attendees (and presenters) in suspense until the conclusion of the hearing.
This article is the first in a series of articles discussing §363(n) and collusion in bankruptcy sales.
On Aug. 31, 2007, the U.S. Bankruptcy Court for the Southern District of New York (Hon. James M.