Monthly Archives: May 2013

363 Sales: Watch It – A Good Faith Deposit May Not Be As Reliable For Protection As You Thought

The Brown Publ’g Co. Liquidating Trust v. Brown Media Corp. (In re Brown Publ’g Co.), 486 B.R. 46 (Bankr. E.D.N.Y. 2013) – A stalking horse (BMC) was the winning bidder in a section 363 bankruptcy sale.  After the sale to BMC failed … Continue reading

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Environmental Claims: The Best Laid Schemes of Mice and Men …

Route 21 Associates of Belleville, Inc. v. MHC, Inc., 46 B.R. 75 (S.D.N.Y. 2012 – A company (Route 21) bought property from the debtor (MHC) in the mid-1980s that turned out to be contaminated.  After the debtor filed bankruptcy in 2009, … Continue reading

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