Local Rule 11: Motions to Sell Assets or Set Sale Procedures

11. Motions to Sell Assets or Set Sale Procedures. Unless otherwise ordered by the Court, any motion to sell assets or set sale procedures should comply with Local Bankruptcy Rule 6004-1 as applicable, and the motion should include a chart that summarizes the provisions required to be highlighted by Local Bankruptcy Rules 6004-1(b) and/or 6004-1(c). The debtor may request to have any motion to sell assets set for hearing on an expedited basis, provided that adequate notice of the request to expedite and the motion to sell assets is provided to all potentially interested parties. Any sale procedures motion should provide for input from or consultation with any statutory committee of creditors and secured creditors with liens in the property being sold. Notwithstanding the foregoing, secured creditors or committee members who are potential bidders may not participate in the adoption or implementation of sale procedures and may not receive information that is not generally available to the all potential bidders.