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2006 NORTON BANKRUPTCY LAW SEMINAR MATERIALS

CHAPTER 11 OPERATIONS

By Hon. Randolph J. Haines

issues except the purchaser's good faith,151 so debtors and purchasers should offer evidence of the purchaser's good faith and should ensure that the order approving the sale contains a finding that the purchaser purchased in good faith.

151 Licensing by Paolo, Inc. v. Sinatra (In re Gucci), 126 F.3d 380 (2nd Cir. 1997); Kabro Assoc. of West Islip,

L.L.C. v. Colony Hill Assoc. (In re Colony Hill Assoc.), 111 F.3d 269 (2nd Cir. 1997).

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