Comparing the potential purchaser to a vulture, a bankruptcy court disapproved a sale of estate property as not passing the business judgment test. In re Pervine, 2016 Bankr. LEXIS 712, No. 13-2289 (Bankr. E.D. N.C. March 7, 2016). Read More
Tag Archive: Sale of Property
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Sale to Vulture Fails Business Judgment Test
Posted by NCBRC - April 21st, 2016
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