Going Out of Business Sales in Retail Chapter 11 Cases | Practical Law

Going Out of Business Sales in Retail Chapter 11 Cases | Practical Law

A Practice Note discussing store closing sales in retail Chapter 11 cases, commonly known as going out of business (GOB) sales, and addressing the GOB sale process and the role of liquidators. This Note also describes the various restrictions landlords and state and local governments place on GOB sales and how bankruptcy courts address these restrictions.

Going Out of Business Sales in Retail Chapter 11 Cases

Practical Law Practice Note w-001-8803 (Approx. 23 pages)

Going Out of Business Sales in Retail Chapter 11 Cases

by Practical Law Bankruptcy & Restructuring
MaintainedUSA (National/Federal)
A Practice Note discussing store closing sales in retail Chapter 11 cases, commonly known as going out of business (GOB) sales, and addressing the GOB sale process and the role of liquidators. This Note also describes the various restrictions landlords and state and local governments place on GOB sales and how bankruptcy courts address these restrictions.