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Credit Bids 363 Sales Department of Energy (DOE)

Dechert LLP

The Fisker Case and Its Impact on Distressed M&A

Dechert LLP on

As is well known, the right to credit bid is the entitlement of a secured lender to bid the amount of its outstanding claims at the sale of its collateral. If the secured lender places the winning bid, no money is exchanged...more

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