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Distressed Asset Sales

In situations where it has been determined that a distressed entity is not viable or does not desire to continue operations as a going concern, a sale of the distressed entity’s assets is often the most effective and expedient means of achieving a client’s goals.  Our attorneys have been involved in numerous in-and-out-court distressed acquisitions, having shepherded many sales through the 363 process and negotiated protections for numerous potential stalking horses at auction in connection with the purchase of distressed debt, distressed assets, post-confirmation acquisitions, and loan-to-own financing.  Services include the deployment of strategies designed to maximize the value of the target, the creation of alternate bid strategies, and the drafting and negotiation of sales and bidding procedure motions in conjunction with court-ordered sales.

Our firm’s attorneys have been integrally involved in the following engagements involving asset sales:

  • Counsel to Chapter 7 and 11 Trustee for M3 Technology as seller in connection with prospective sale of numerous patents and patent licenses
  • Counsel to stalking horse buyer in connection with the purchase of numerous Tin Star franchises
  • Counsel to purchaser of Texas-based scrapyard
  • Counsel to purchaser of Texas-based pharmacy