Clear Channel Muddies the Waters of ' 363(m) Mootness Protection

The Ninth Circuit BAP's recent opinion in <i>Clear Channel v. Knupfer</i>, 391 B.R. 25 (B.A.P. 9th Cir. 2008), threatens the sanctity of the mootness rule under Bankruptcy Code ' 363(m). Here's why.

25 minute readNovember 21, 2008 at 10:59 AM
By
Shirley S. Cho
Bennett L. Spiegel
Clear Channel Muddies the Waters of ' 363(m) Mootness Protection

It is one of the fundamental tenets of bankruptcy law that a sale order will not be disturbed on appeal if no stay pending appeal is obtained so long as

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