Debtor may not Sell its Intellectual Property Free and Clear of Creditor’s Interests
ABI
JANUARY 25, 2024
2] The United States Bankruptcy Court for the District of Delaware held in In re DeCurtis Holdings LLC that a debtor was enjoined from selling its bankruptcy assets free and clear if its creditor retained an ownership interest in the assets pursuant to a contract and would suffer irreparable harm from the sale of such assets. [3]
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