(6th Cir. July 18, 2017)
The Sixth Circuit affirms the bankruptcy court’s order modifying its prior sale order under Rule 60(b). The court’s original order approved a sale of estate assets but the sale agreement and the order failed to include certain contracts to be assumed and assigned to the buyer. The court finds that modification of the order was appropriate because the motion to modify the order was filed within one year of entry of the sale order and the bankruptcy court properly exercised its discretion after weighing the relevant factors. Opinion below.
Attorneys for Movant: Wolfson Bolton, Anthony J. Kochis, Scott A. Wolfson
Attorney for Appellee: Jeffrey Scott Grasi
Author: Matt Lindblom