June 05, 2023 | New York Law Journal
Will Mall of America Appeal Decision Create Uncertainty for Buyers of Assets From Chapter 11 Debtors?The Supreme Court's holding in MOAC Mall Holdings was that 11 U.S.C. Section 363(m), which limits the impact of appeals of unstayed bankruptcy court sale orders, is not jurisdictional because it does not satisfy the "clear-statement principle" and, thus, it does not preclude all appellate review.
By Thomas Califano and Nathan Elner
8 minute read