Japan: Section 363 Bankruptcy Sale Checklist for Cross-Border Transactions

By: Shinichiro Abe, Legal Project Management Initiative of the ABA BLS M&A Committee

Explanatory Note: This Legal Project Management Tool is a checklist of important items to consider in connection with the sale of a distressed company pursuant to Section 363 of the U.S. Bankruptcy Code. Such sales present special challenges since they are conducted on a fast-track basis and often but not always in an open setting before a bankruptcy court judge. Many of them involve assets that are

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