Court of Appeals for the Ninth Circuit July 13, 2017, No. 15-35572 (Pinnacle Restaurant At Big Sky, LLC v. CH SP Acquisitions, LLC)

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United States · · · 13-07-2017

OPINION

BLOCK, Senior District Judge:

The primary function of the Bankruptcy Code is to set out the rules for dividing up assets that are insufficient to pay a debt- or’s creditors in full. One such rule, contained in 11 U.S.C. § 363(f), authorizes a trustee in bankruptcy to sell—with some exceptions and limitations—a debtor’s assets free and clear of third-party interests.

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