⚡️Here a Sale. There a Sale. Everywhere a Sale Sale! (Long Bankruptcy Code Section 363)⚡️

Trends come and go, but institutions are timeless. pic.twitter.com/wjoX8eunjF

— Barneys New York (@BarneysNY) August 6, 2019

In a nutshell, bankruptcy code section 363 allows a debtor to sell assets free and clear of liens and encumbrances.

In other words, a company can sell itself and the buyer can leave a bunch of bad sh*t behind. It’s a powerful tool an…