Asset Purchase Agreement
(Bankruptcy)


Summary

This asset purchase agreement template can be used for a typical sale pursuant to Section 363 of the Bankruptcy Code. This template includes practical guidance and drafting notes. This template is tailored specifically to a bankruptcy context and should not be used for a traditional asset purchase transaction or merger and acquisition. The exact details of the drafting process will vary depending on, among other things, the type and amount of assets being sold, the leverage and bargaining strength of the various parties, the financial state of the debtor, and the demand in the market for the debtor's assets. For more information, see Section 363 Asset Sales Video (Federal), Section 363 Sale Procedures, Hearings, Orders, and Appeals, Conducting Section 363 Sales, and Selling Assets and Assigning Contracts and Leases in a Section 363 Sale. For related templates, see: • Auction and Bid Procedures (Debtor) • Bid Procedures Order • Sale Motion • Notice of Auction and Sale Hearing • Notice ...