Section 363 Sale Procedures, Hearings, Orders, and Appeals


Summary

This practice note discusses the process for the sale of assets under Section 363(b) of the Bankruptcy Code. Court approval must be obtained for sales outside the ordinary course of business under Section 363(b). Section 363 is extremely flexible and each Section 363 sale can be customized to fit the particular needs and timeline of the debtor and the size and complexity of the transaction.