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Amendment to: Guidelines re Sale Orders and the Model OrderParagraph C.5. of the Guidelines is amended as follows:
The court will generally not approve a blanket order that purports to provide for a sale free and clear of all liens, claims and interests, or free and clear of all liens, claims and interests of all parties that were served with the motion.
Paragraph 6 of the model order is amended as follows:
If the sale motion includes a request to sell the assets free and clear of liens, claims and interests pursuant to Section 363(f) of the Bankruptcy Code, and subject to compliance with the notice and other requirements of Guideline C: Pursuant to Section 363(f) of the Bankruptcy Code, effective upon closing, the sale of the Sale Assets will vest in the Buyer all right, title and interest of the Debtor and the bankruptcy estate in the Sale Assets, free and clear of the following liens, claims or interests
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