In re Flour City Bagels, LLC

Sale of assets free and clear could not be approved due to debtor’s failure to exercise soundbusiness judgment in selecting bid. (Bankr. W.D.N.Y.)
Could debtor bagel franchisee sell substantially all of its assets, free and clear of all liens or interests, to its sole managing member, the prevailing bidder at auction?
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Commercial case opionion summary, case decided on September 02,2016, LexisNexis #0916-113