Section News

August, 2007

The Qualitech Report

The Section submitted to the ABA House of Delegates for consideration and adoption at the Annual Meeting a Report and Recommendation that the ABA urge Congress to amend Section 363(f) of the Federal Bankruptcy Code, in effect to overturn Qualitech.  Before the meeting, a slight modification was made to the Report and Recommendation recognizing that any amendment to Section 363(f) would only apply to real property and was not intended to affect other property.  We are pleased to announce that with the help, assistance, cooperation and input from representatives of other ABA sections, other interested persons, and various members of the House of Delegates from many different states, on August 13, 2007, the ABA House of Delegates unanimously adopted the Section's Report and Recommendation.