{"id":161,"date":"2026-01-22T13:22:42","date_gmt":"2026-01-22T17:22:42","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/?p=161"},"modified":"2026-01-22T13:22:43","modified_gmt":"2026-01-22T17:22:43","slug":"youve-got-to-have-faith-when-purchasing-bankruptcy-sale-assets-as-appellate-panel-widens-section-363m-protection","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/2026\/01\/22\/youve-got-to-have-faith-when-purchasing-bankruptcy-sale-assets-as-appellate-panel-widens-section-363m-protection\/","title":{"rendered":"You&#8217;ve Got to Have Faith When Purchasing Bankruptcy Sale Assets, as Appellate Panel Widens Section 363(m) Protection"},"content":{"rendered":"\n<p>By <a href=\"https:\/\/www.duanemorris.com\/attorneys\/jessicakenneybonteque.html\">Jessica Kenney Bonteque<\/a> and&nbsp;<a href=\"https:\/\/www.duanemorris.com\/attorneys\/nathanyeary.html\">Nathan Yeary<\/a><\/p>\n\n\n\n<p>Section 363(m) of the Bankruptcy Code protects purchasers of assets in a bankruptcy sale. The rule protects a bankruptcy sale as long as the effectiveness of the order from the bankruptcy court approving the sale is not stayed pending resolution of an objection and the purchaser acts in \u201cgood faith.\u201d A recent decision by the Bankruptcy Appellate Panel for the Eighth Circuit extends the protection afforded under Section 363(m) by permitting a purchaser\u2019s \u201cgood faith\u201d to be implied from the absence of evidence that the purchaser acted in \u201cbad faith.\u201d However, the dissent concluded that the absence of evidence that a purchaser lacks good faith is insufficient to support an inference of good faith.<\/p>\n\n\n\n<p>Read the full <a href=\"https:\/\/www.duanemorris.com\/alerts\/youve_got_to_have_faith_when_purchasing_bankruptcy_sale_assets_appellate_panel_widens_0126.html\"><em>Alert<\/em><\/a> on the Duane Morris LLP website.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jessica Kenney Bonteque and&nbsp;Nathan Yeary Section 363(m) of the Bankruptcy Code protects purchasers of assets in a bankruptcy sale. The rule protects a bankruptcy sale as long as the effectiveness of the order from the bankruptcy court approving the sale is not stayed pending resolution of an objection and the purchaser acts in \u201cgood &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/2026\/01\/22\/youve-got-to-have-faith-when-purchasing-bankruptcy-sale-assets-as-appellate-panel-widens-section-363m-protection\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;You&#8217;ve Got to Have Faith When Purchasing Bankruptcy Sale Assets, as Appellate Panel Widens Section 363(m) Protection&#8221;<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"ppma_author":[37],"class_list":["post-161","post","type-post","status-publish","format-standard","hentry","category-general"],"authors":[{"term_id":37,"user_id":6,"is_guest":0,"slug":"duanemorris3","display_name":"Duane Morris","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/843ff6e7a8fe5fc92109b47a45f34b6cf0ea499e6e788db23456c838b0ae6747?s=96&d=blank&r=g","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/posts\/161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/comments?post=161"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/posts\/161\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/media?parent=161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/categories?post=161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/tags?post=161"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/businessreorganizationfinancialrestructuring\/wp-json\/wp\/v2\/ppma_author?post=161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}