This article is located on my blog at http://www.commercialrealestatelawyerblog.com. See my blog for other commercial real estate and bankruptcy articles, including title problems that only a bankruptcy court can solve, the special nature of LLC's in bankruptcy, the safety of escrow deposits from bankruptcy, and drafting workout agreements.
Buying Assets Out of a Bankrutpcy Estate
by Kenneth L. Samuelson on Oct. 08, 2012
Summary
You can buy even a lawsuit that the debtor has against you. Bidding and approval procedures are unique to bankruptcy. Bidding non-cash.