Winter Leadership Conference | December 5-7 | Rancho Palos Verdes , CA Register Today View Schedule

In re THQ Inc.

Ruling: 
Asset purchase agreement with bidder with one of highest and best offers approved.
Procedural posture: 
Debtors and debtors in possession asked the court to approve a proposed Asset Purchase Agreement (APA) by which they proposed to sell substantially all of their assets free and clear of liens, claims, encumbrances and other interests, to a buyer and also asked the court to find that the buyer was purchasing them in good faith within the meaning of 11 U.S.C.S. § 363(m).
Issue: 
ABI Membership is required to access the full summary of In re THQ Inc.. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Commercial case opionion summary, case decided on January 24,2013, LexisNexis #0413-006