Related Practice Areas

 

Douglas R. Gooding and John F. Ventola on Credit Bidding

American Banker

 | 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. 

 

 

 

Thank you for reaching out to contact Choate. Before you send your message, we wanted to make sure you are aware of the following. Please do not send any confidential information in response to this link. Sending an e-mail to Choate does not give rise to an attorney-client relationship, and will not be deemed to disqualify Choate from undertaking any engagement for a current or future client.  Before any attorney-client engagement may be formed, Choate will need to check for possible conflicts of interest, you will need to consider whether you wish to retain Choate as counsel, and we will need to consider whether we wish to accept the potential engagement. In the meantime, Choate reserves the right to represent parties with interests adverse to you.

AcceptDecline