In Re Daufuskie Island Properties, LLC
United States Bankruptcy Court, D. South Carolina
1Opinion of the Court
ORDER ON AUCTION CREDIT BID MATTERS, AND CONFIRMING SUCCESSFUL CREDIT BIDDERS UPON CONCLUSION OF AUCTION
JOHN E. WAITES, Chief Judge.
These matters came before the Court in connection with the sale of assets of the bankruptcy estate by auction, pursuant to prior orders entered by the Court. The provisions for the auction included credit bidding by secured creditors, 1 and at the time of the auction certain issues arose regarding the credit bidding. In addition, the Trustee requested that the Court confirm the successful bidders upon the conclusion of the auction. The Court conducted a hearing…
2Cases cited2 opinions
- In Re Octagon RoofingUnited States Bankruptcy Court, N.D. Illinois · 1991
- National Bank of Commerce of El Dorado v. McMullan (In Re McMullan)United States Bankruptcy Court, W.D. Arkansas · 1996
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