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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. 




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