Transcribed image text: Direct bankruptcy costs are likely to be greater in Section 363 sales than in

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Transcribed image text: Direct bankruptcy costs are likely to be greater in Section 363 sales than in Chapter 11 settlements are the costs of legal representation for bankruptcy proceeding and for financial expertise to maneuver during negotiations to reorganize represent deterioration in the value of a firm that is caused by a firm experiencing distress and bankruptcy. are likely to decrease the longer the firm spends in bankruptcy protection

Posted Date: Jul 03, 2024 10:39 AM

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Transcribed image text: Direct bankruptcy costs are likely to be greater in Section 363 sales than in

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