The Nuts & Bolts of a 363 Motion

Christopher B. Wick

Many, if not most, Chapter 11 cases result in one or more sale of estate assets outside of the ordinary course.  And each such sale requires the debtor to obtain court approval before consummating such a sale. Many chapter 11 debtors, in fact, wind up selling substantially all of their assets as a going concern to a third party after obtaining court approval to do through the court’s approval of a 363 motion.  This webinar explains what a 363 motion needs to include, the procedural requirements a debtor must satisfy to persuade a court to approve it, and the arguments that objecting parties may make in opposition. Importantly, this webinar puts a 363 motion into proper context relative to a Chapter 11 bankruptcy case as a whole.

Hahn Loeser partner Chris Wick will serve as a panel member for this Financial Poise webinar.