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1 NANCY ROONEY v. BIAGGIO, INC. -- rank: 1000

... to sell Biaggio at a private sale free of encumberances. N.J.S.A. 14A:14-7. The proposed buyers were Nancy Rooney, Lisa Verdecchio, Andy Enders ... all or any part of the property of the corporation," N.J.S.A. 14A:14-7. The receiver must demonstrate to the court that "the sale ... provisions permitting the court to authorize receivers to sell property, N.J.S.A. 14A:14-7, are analogous to the Federal Bankruptcy Code's provisions that ... and has operated Biaggio for approximately one year. Purchasers under N.J.S.A. 14A:14-7 should be able to rely on court orders when purchasing ...

docket:	a2615-07
court:	NJ Superior Court Appellate Division
decided:	2008-12-08
status:	unpublished
citation:
Document Size:	33489