Douglas R. Gooding and John F. Ventola on Credit Bidding
| April 30, 2010
| Douglas R. Gooding and John F. Ventola
Doug Gooding and John Ventola co-wrote "New Ruling Puts Credit Bidding at Risk'," assisted by Sean Monahan, which was published in American Banker. The article discusses a recent court decision prohibiting secured lenders from credit bidding in a Chapter 11 bankruptcy sale, thereby affecting their bargaining power with borrowers, which could result in a loss of profit.