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To promote the finality of bankruptcy asset sales, section 363(m) of the Bankruptcy Code "moots" an appeal of an order approving a sale to a good-faith purchaser unless the party...
Recent rulings out of the United States Court of Appeals for the Fifth Circuit and its lower bankruptcy courts have emphasized the circuit’s broad interpretation of section 363(m) of...
Fifth Circuit and lower bankruptcy courts have emphasized circuit’s broad interpretation of section 363m of Bankruptcy Code which protects bankruptcy sales from overturned on appeal. In re Royal Street Bistro, LLC, et al., No. 21-2285 summary of the Fifth Circuit case law.