Section 363 Sales

Burr & Forman's commitment to the changing needs of lenders and creditors is evidenced by its substantial Creditors' Rights and Bankruptcy practice.

Burr has over 50 attorneys concentrating in this area of law, making the firm one of the largest bankruptcy practice groups in the region. This allows individual attorneys the ability to focus on narrow specialties. The group was recently ranked by Law360 as the 36th largest Creditors' Rights and Bankruptcy team in the United States. Based on this ranking, Burr's team is the largest in the Southeast. In 2012, 10 of our creditors' rights and bankruptcy attorneys were listed as a leading practitioner in Bankruptcy/Restructuring by the highly regarded Chambers USA. 

Our Creditors’ Rights & Bankruptcy team often represents stalking horse buyers and other bidders in bankruptcy 363 sales. The purchase and sale of assets and businesses has developed into a significant component of the commercial bankruptcy and insolvency practice. Sellers in distress situations many times utilize a bankruptcy court sale as the best way to conduct an orderly sale process and achieve the best value for their creditors and stakeholders. Similarly, the purchasers of distressed assets appreciate the value and protections afforded in a bankruptcy court blessed asset sale.

Our Attorneys

Brad Baldwin
Partner ~ Atlanta, Georgia|
(404) 685-4332
(404) 214-7930
Brad
Bess Creswell
Partner ~ Mobile, Alabama|
(251) 345-8245
251-706-2415
Bess
Gary Farris
Partner ~ Atlanta, Georgia|
(404) 685-4250
(404) 214-7388
Gary
Bryan Glover
Associate ~ Atlanta, Georgia|
(404) 685-4252
(404) 214-7395
Bryan
Heather Lee
Partner ~ Birmingham, Alabama|
(205) 458-5170
(205) 244-5669
Heather
Graham Stieglitz
Partner ~ Atlanta, Georgia|
(404) 685-4316
(404) 214-7923
Graham

Experience Matters

Brief sentence defining representative matters.

  • 363 Sale

    Facilitated the sale of 45 grocery stores owned by Belle Foods and remaining store inventory to 17 buyers in a 363 sale. Transaction valued at $16 million plus store inventory.

TESTIMONIALS

  • “I have found them very responsive to our requests and requirements, and very knowledgeable of the relevant areas. They are conscious of cost containment and getting the job done. They don’t just churn paper and create billable hours. Everything they do is directed toward achieving our aims. They want us as the client to understand where things are and what our options are, and make sure we understand the consequences of all the options that are available to us. They let us pick door number one or door number two in the knowledge of what we’re leaving behind. They are able to resolve issues using common sense and reasonableness. We speak very highly of them.”

    -Chambers 2012

  • “They handle a diverse set of issues – well staffed, well prepared and respected…"

    -Chambers 2012

  • “They are all excellent attorneys; exceptionally bright, decisive and creative."

    -Chambers 2012

  • “Definitely have depth and expertise...They have a successful model and one that I’ve tried to imitate."

    -Chambers 2012