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A comment on Judge Refuses to Allow Sale of Infowars to The Onion. Parent comment

Re:Judge Refuses to Allow Sale of Infowars to The Onion by pclmulqdq on Wednesday December 11, 2024 @10:06AM (#42388450)
In your theoretical framework you can. In real-life bankruptcy court, you almost certainly can't.
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Re:Judge Refuses to Allow Sale of Infowars to The Onion by vizzier on Wednesday December 11, 2024 @01:54PM (#42391349)
Honestly I don't see how this theoretical framework is much different from corporate leveraged buyouts.
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Re:Judge Refuses to Allow Sale of Infowars to The Onion by pclmulqdq on Wednesday December 11, 2024 @04:36PM (#42393257)
This isn't a leveraged buyout. Also this structure is not at all like a leveraged buyout.
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Re:Judge Refuses to Allow Sale of Infowars to The Onion by johnnyanmac on Wednesday December 11, 2024 @04:21PM (#42393116)
Says who? It was clearly going to work like that until more lawyer nitpicking intervened about the auction (not the sale itself).
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