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Eighth Circuit: Avoidance Causes Of Action Are Property Of The Bankruptcy Estate That Can Be Sold - Insolvency/Bankruptcy - Vimarsana News

Eighth Circuit: Avoidance Causes Of Action Are Property Of The Bankruptcy Estate That Can Be Sold - Insolvency/Bankruptcy

A debtor's non-exempt assets (and even the debtor's entire business) are commonly sold during the course of a bankruptcy case by the trustee or a chapter 11 debtor-in-possession ("DIP")...

Source: mondaq.com