This time, we’re talking all things sales process. On what grounds can an interested party challenge a sale? Can a sale be successfully challenged where the monitor has recommended approval? Can a related party purchase the company back after the sales process is complete without disclosing this to the court?
Join us for an informative 45-minute discussion in which our expert panel considers these questions, together with the implications of a number of significant recent cases. We’ll cover, among other things:
arguments made by interested parties who were successfully able to challenge a sale after a sales process had been conducted and the court officer recommended approval of the sale;
a discussion about when a sales process / sale should be challenged to avoid res judicata arguments, and an interesting proviso included in a sales process order reserving a party’s right to make a subsequent challenge; and
cases where insiders have (sometimes secretly) participated in a SISP, including one where the Court actually undid the sale.
Asim Iqbal, Partner, Gowling WLG
Joshua Bouzaglou, Associate, Woods
Dina Kovacevic, Editor, Insolvency Insider
Trustees and other insolvency professionals
Bankruptcy and insolvency lawyers
Corporate bankers
Liquidators and distressed investors
Commercial lawyers
Corporate counsel
Chartered Professional Accountants
The webinar will qualify for a half hour of Continuing Professional Development for lawyers, CPAs and CIRPs.
Register now for $79.00 + HST to watch Successfully resisting a sale; Sales process shenanigans
Please provide your name, email address and credit card information. After payment, you will immediately be able to watch the webinar. You will also receive an email with a direct link to the webinar.