Donald Swanson was quoted in Law360 Bankruptcy Authority regarding PrimaLend Capital Partners, an auto-finance lender, and its proposed approach to selling distressed assets in Chapter 11.

In his commentary, Don explained why some companies are choosing to incorporate bidding procedures into a full Chapter 11 plan rather than pursuing an expedited Section 363 asset sale outside of the plan process. He noted that a plan-based approach can provide stronger creditor protections and greater transparency, while signaling a more deliberate effort to test the market and maximize value.

Don’s insight highlights how restructuring strategy can reflect a more deliberate, creditor-conscious approach to selling distressed assets, with an emphasis on fairness and maximizing value through a plan process, when time permits.

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To read more of Don's analysis on bankruptcy law, follow his blog at mediatbankry.com.

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