- 11 U.S.C.
In re Berks Behavioral Health LLC
Aug
18
2010
Ruling
Sale of assets and assignments of executory contracts and leases approved as exercise of sound business judgment.
Procedural posture
Debtor LLC filed a petition under chapter 11 and sought an order which (1) authorized the debtor to sell certain of its assets free and clear of all liens, claims, encumbrances, and interests, (2) determined that the sale was exempt from any stamp, transfer, recording, or similar tax, (3) authorized the debtor to assume and assign certain executory contracts and unexpired leases to the buyer, and (4) granted related relief.
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Court
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