Distressed Situations

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Authors: Michael J. Venditto Mark Podgainy

Cracked cement

Asset sales under Section 363 of the Bankruptcy Code are a restructuring tool that can benefit buyers, as well as sellers and their creditors. Michael Venditto, a member of Reed Smith’s Restructuring and Insolvency team, joins Getzler Henrich & Associates Managing Director Mark Podgainy to explain the risks, benefits and opportunities of the sale process in Chapter 11 cases.

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