Buying a Distressed Business: 10 Tips for Entrepreneurs
Excerpts: Buying a Distressed Business: 10 Tips for Entrepreneurs As discussed below, it is generally advisable to purchase a distressed business after the target’s Chapter 11 filing pursuant to Section 363 of the Bankruptcy Code (a “Section 363 Sale”) due to its speed, benfits and flexibility. Do Your Diligence. A comprehensive due-diligence investigation is a […]
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