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Expert Analysis

Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

By David Wender and Sameer Alifarag ( April 23, 2025, 5:14 PM EDT) -- On March 4, the U.S. Bankruptcy Court for the Southern District of New York issued a significant ruling in the case of In re: Urban Commons 2 West LLC, which addresses the circumstances under which a debtor may sell its property free and clear of liens and other interests pursuant to Section 363(f)(5) of the Bankruptcy Code.[1]...

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