Asset Acquisitions and Divestitures

Bankruptcy estate sales can provide a unique opportunity for buyers to acquire high value assets at reduced prices from motivated sellers. However, without conducting proper due diligence, any asset can quickly become a liability. Neligan LLP regularly assists companies in the purchase of assets from distressed companies and bankruptcy estates, including real property, inventory, manufacturing facilities and other assets.

Our experienced attorneys can assist in all aspects of the purchase and sale process, from conducting due diligence and negotiating purchase and sale agreements, to advising the client regarding the sale process and selecting the best strategy to consummate the transaction. We have represented parties in state foreclosure sales, out-of-court distressed asset sales, and bankruptcy sales, and counsel clients so they understand the risks and benefits of each approach.  We also understand that distressed sales move fast. That is why we focus on executing acquisition strategies with agility, flexibility and tenacity. We can provide legal advice regarding 363 sales transactions, bankruptcy bidding and auction procedures, and reorganization-related sales and acquisitions.

In addition to representing purchasers, we also regularly assist both outside and in-house corporate counsel and management in selling assets, either in bankruptcy or in a distressed financial situation.  We have represented distressed sellers in transactions involving almost every type of asset imaginable, including commercial real estate property, skilled nursing facilities, professional sports teams, television stations and other media assets, hotels, manufacturing facilities, energy assets, financial products, and others, as well as sales of entire business lines and companies.

To review representative cases, please review our Case Studies.