In Re Hupp Industries, Inc.

How courts have described this case

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

• Court declining to approve break-up fee where fee is payable even if court declines to approve sale
• the proposed break-up fee must be carefully scrutinized to insure that the Debtor’s estate is not unduly burdened and that the relative rights of all the parties in interested are protected
• court denied break-up fees previously agreed to by the debtor and the prospective buyer
• 3.16% break-up fee of $150,000 for a $4.75 million purchase price is reasonable

Source: CourtListener parenthetical corpus (CC0).