Sale - Approve Bidding Procedures - Chapter 11 Cases

Rev. 07/13/15
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.
 
This filing should be accompanied by the Motion/Pleading, Notice of Motion, Certificate of Service (evidencing service of Motion/Pleading and Notice of Motion) and 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/Applications, 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. 
                                            he 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