Monthly Archives: November 2012

Bidders Beware: Collusion to Control Sale Price Is Subject to Sanctions

Boyer v. Gildea, 475 B.R. 647 (N.D. Ind. 2012) – In Gildea, the bankruptcy trustee claimed that a group of insiders colluded with the purchaser of the debtor’s assets at a Section 363 auction to control the sale price.  Consequently … Continue reading

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