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Tech Bankruptcy
August 12, 2004
  Local Rules for Selling Assets On-Line
The Massachusetts bankruptcy court has just announced a proposed local rule, Rule 6004-1(c), to let bankruptcy trustees and other estate representatives sell assets on-line. The best part is the court gets it right. The rules will make it easy to sell estate assets on websites like e-bay, while making sure trustees still follow the existing rules on hiring auctioneers when appropriate.

This is probably the first bankruptcy court rule of this type.
 
A blog discussing the impact of technology on bankruptcy law and practice.

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Warren E. Agin is a partner in Swiggart & Agin, LLC, a boutique law firm in Boston, Massachusetts focusing on the needs of technology companies. Mr. Agin heads its bankruptcy department. The author of the book Bankruptcy and Secured Lending in Cyberspace (3rd Ed. West 2005), Mr. Agin also chaired the ABA's E-commerce and Insolvency Subcommittee from 1999 to 2005, co-chaired the Boston Bar Association's Internet and Computer Law Committee (2003-2005), and served on the American Bar Association's Standing Committee on Technology and Information Services (2008-2011). Mr. Agin currently co-chairs the Editorial Board of Business Law Today. A contributing editor to Norton Bankruptcy Law and Practice, 3d, and co-author of its chapter on intellectual property for the past fifteen years, he is author of numerous legal articles and addresses on topics of technology, internet and bankruptcy law.

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