ASARCO, Incorporated, et al v. ASARCO, L.L.C., et
Bankruptcy court reimbursement order sufficiently final for appellate jurisdiction - circuit split with C2 flagged.
Reimbursement for due diligence to all bidders in a multi-step auction is properly a business judgment expense, not an administrative cost for the estate.
Recent Precedential Slip Opinions from the U.S. Circuit Courts of Appeals.
Tuesday, August 16, 2011
Fifth Circuit -- ASARCO, Incorporated, et al v. ASARCO, L.L.C., et
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Author's SSRN page here.