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of <h1>Liquidator may sell assets individually, collectively, as slump sale or in parcels; secured assets only if security relinquished</h1> The liquidator is authorized to realize assets by selling them individually, as a slump sale, as a collective set, or in parcels. Sales of assets subject to a security interest are prohibited under these methods unless the security interest has been relinquished to the liquidation estate. The provision reflects legislative amendments that added sale-in-parcels and removed prior express references to sale of the corporate debtor or its business as a going concern, while preserving the priority safeguard for secured interests.
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