In Re FOOD BARN STORES, INC., Debtor. FOUR B. CORPORATION, Creditor—Appellant, v. FOOD BARN STORES, INC., Debtor—Appellee

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that the goal of estate enhancement diminishes as an auction participant’s reasonable expectations increase, such as when the court actually enters an order approving the sale
• affirming a bankruptcy court’s decision to consider a late bid that was approximately 31% higher than the highest timely bid
• affirming decision to reopen bidding where later bid was 31% greater
• “we are comfortable that this is not a situation in which the potential buyer purposely bided its time during the auction, taking an opportunity to survey the landscape of the sale, only later to submit an upset bid at the lowest possible price”

Source: CourtListener parenthetical corpus (CC0).