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Jan Hayden Provides Insight on Section 363 Sales in Law360

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Chapter 11 filings across the U.S. are down, but bankruptcy experts say distressed companies are still utilizing asset sales under Section 363 of the U.S. Bankruptcy Code to protect the value of their businesses and avoid liquidation. In this Law360 article, Jan Hayden is among a group of bankruptcy professionals offering recommendations for distressed companies considering a sale. 

Ms. Hayden notes that, if the distressed company is small- or midmarket and simply can't afford an investment banker, it's up to the executives to determine who their competition is and who may be interested in buying their assets.

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