On this edition, Robert Keach of Bernstein, Shur, Sawyer & Nelson in Portland, Maine discusses the chapter he contributed in Collier Guide to Chapter 11 Practice, published by LexisNexis Matthew Bender. Mr. Keach discusses the advantages and disadvantages of choosing Chapter 11 over Chapter 7, and differences between selling the debtor's assets in a preconfirmation sale solely under section 363 of the Bankruptcy Code as compared to a confirmed plan under section 1129. Copyright© 2010 LexisNexis, a division of Reed Elsevier Inc. All rights reserved. Visit www.lexisnexis.com/community/bankruptcylaw.
Read the Overview of Chapter 4 of the Collier Guide to Chapter 11