Acquiring Strategic Assets at Auction
A client wanted to bid on assets in the bankruptcy auction of a prominent retailer. The assets consisted of the commercial stores of that retailer.
Our personnel drafted the bid qualification documents for the client. Upon qualifying the client to participate in the auction, we drafted the bid package and bid.
At the auction, including with participation of our personnel, the client was able to achieve highest and best bidder in the auction for a selection of the retailer’s commercial properties.