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· 11/14/2002

In Re Medical Software Solutions

Citations

  • 286 B.R. 431
  • 2002 WL 31750167

How courts have described this case

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

  • holding that under § 363(b) when transactions benefit insiders, “the purchaser [of the asset] has a heightened responsibility to show that the sale is proposed in good faith and for fair value”
  • acknowledging that “ ‘[i]t is not bad faith per se for an insider to purchase property from an estate ...’”
  • approving preconfirmation sale of debtor's assets recognizing that the assets' \value is reducing rapidly\ and there was only a narrow window for a viable sale of the assets
  • approving preconfirmation sale of debtor’s assets recognizing that the assets’ “value is reducing rapidly” and there was only a narrow window for a viable sale of the assets
  • requiring higher level of scrutiny when proposed sale of Debtor’s assets is to purported insider
  • examiner appointed to evaluate the sale of debtor’s assets outside of plan

Source: CourtListener parenthetical corpus (CC0).

Judges: William T. Thurman

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.