must be in the same form as the initial bid to avoid comparing apples and oranges.
are held by the county, but are not county revenue.
The Court has scheduled a hearing for March 8, 2011, to consider approval of (among other things) (1) the Stalking Horse Bid, (2) bidding procedures governing an auction at which overbids
to the Stalking Horse Bid will be solicited, and (3) a break-up fee to Five Mile / Lehman if the Company completes a transaction other than the Stalking Horse Bid (and certain other conditions are satisfied).
BIND has asked the US Bankruptcy Court for authorisation to proceed with an auction on 25 July 2016 for the majority of its assets, provided the company receives qualified overbids
no later than 22 July 2016.
will file a motion in bankruptcy court for procedures that would allow the deal to go forward or for overbids
to be accepted by Jan.
The sale is subject to Bankruptcy Court approval and overbids
Subject to Section 363 rules, the sale process is open to overbids
We have seen healthy activity in all price ranges--apartments are being snapped up and overbids
are coming once again.
Bob Kellar, manager of Town Center Realty, agreed that multiple bids and overbids
are becoming more common.
, multiple bids and bidding wars, while perhaps less common than last year, are still very much with us.
The Company stated that it will file a motion with the Bankruptcy Court to obtain approval for procedures by which the agreement would be approved or overbids
accepted by about January 22, 2004.
Bidding wars and overbids
have been commonplace as highly compensated members of New York's corporate and high-tech elite vied for the few properties which fit their needs.