Family Christian: Cautionary Tale of Best Auction Practices

Family Christian: Cautionary Tale of Best Auction Practices
Monique Bair DiSabatino, Adam Isenberg and J. Scott Victor
ABI Journal

Adam H. Isenberg and Monique Bair DiSabatino, a partner and an associate, respectively, in the Bankruptcy and Restructuring Practice, wrote this article describing pitfalls and challenges that can occur during auction. The article uses a recent bankruptcy court decision in which the court declined approval of a proposed sale after a contentious and protracted auction and sale process posed “fatal flaws,” as a springboard to address other mistakes, surprises and ethical conundrums that may arise during an auction/sale process.

To read the full article, click here.