John Hall Serves as Lead Bankruptcy Counsel in Section 363 Sale for a Multi-Million Dollar Company
John Hall routinely counsels purchasers at distressed sales, including sales arising in foreclosures, receiverships, assignments for the benefit of creditors, and section 363 sales in bankruptcy. In one particularly notable case, John served as lead bankruptcy counsel to a bidder in a section 363 sale for a multi-million dollar company in New Mexico. By the time John’s client learned of the sale, the initial auction had already occurred. Within 48 hours, John was able to convince the bankruptcy court to set aside the initial auction and conduct a new auction in which his client was able to participate. He led his client’s successful bid and subsequent acquisition of a business for $25 million. See In re Sunland, Inc., 507 B.R. 753 (Bankr. D. N.Mex. 2014).