Sale - Approve Bidding Procedures - Chapter 11 Cases

MOTION TO APPROVE SALE BIDDING PROCEDURES - CHAPTER 11 CASES
 
Overview:
 
When a debtor proposes to sell property at a public sale in a chapter 11 case, other than a sale conducted by a professional auctioneer, a motion to approve bidding procedures is required. These motions must be filed separately from a Motion for Sale Free and Clear of Liens.
 
The filing should be accompanied by the Motion, Notice of Public Sale Bidding Procedures, Certificate of Service, Proposed Order.
 
For order format, please see Proposed Orders
 
 
Codes, Rules and Forms:
 
Bankruptcy Code:
None
Bankruptcy Rule:
None
Local Rule:
Local Form:
None
 

CM/ECF Event(s):
Miscellaneous, Notice of Use, Sale, Lease or Prohibit or Condition of Property           
Motions/Application/Contested Matters, Use, Sale, Lease or Prohibit or Condition of Property
           
 
 
I.     Noticing:

       A.       Type:                 Notice of Public Sale Bidding Procedure prepared and filed by movant which conforms in content and format with LBR 6004-3. 
                                            The last day to object is not less than twenty-one (
21) days after the notice is mailed.

       B.       Who Serves:  Movant -- Court if filed by Trustee or UST

       C.       Service:           D, DA, T and/or UST, L20, COMM, P