All Experience is not Good Experience – Experience Ratings & 11 U.S.C. § 363(f)

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Recently, the Bankruptcy Court for the Northern District of Alabama joined with a number of courts in finding that a debtor’s ability to sell their assets free and clear of any “interests” in property encompassed the right to purge the assets of a state labor department’s right to transfer a company’s unemployment experience rating to a purchaser of the company’s assets.

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