Credit Bidding during insolvency proceedings: application in Belgium

Nick De Luyck
Credit bidding, as it currently exists under United States law, is a tool to protect secured lenders against a drop in value of their secured claim when a debtor becomes distressed. Evidence from US bankruptcy cases showed that credit bidding was an adequate tool to protect secured lenders by using their right to credit bid during a sale of the collateral of their secured claim.




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Universiteit of Hogeschool
Master of Business Administration, International Relations
Bart De Moor