Local Rule 6004-1: SALE OF ESTATE PROPERTY
Bankr. E.D. Tenn. — General rule
RULE 6004-1. SALE OF ESTATE PROPERTY
(a) Notice of Proposed Sale of Property. Notice of a proposed use, sale, or lease of property must, in addition to the requirements of Fed. R. Bankr. P. 2002(c)(1), set forth— (1) the name of the proposed buyer and whether the buyer has any connection to the parties in the case; and (2) the consideration to be received by the estate or the debtor.
(b) Sales of Property Subject to Liens or Other Interests. A motion to sell property free and clear of liens or other interests must be in the form of a motion that sets forth— (1) the identity of the lien or interest holder; (2) the amount of such claim; and (3) the basis for the sale under 11 U.S.C. § 363(f).
(c) Report of Sale. Within 14 days of the closing of a sale, the party filing the notice or motion under (a) or (b) above must file a report of sale and serve the report on all parties that were entitled to service of the notice or motion.