BULK SALE ESCROWSale Escrow • March 7th, 2018
Contract Type FiledMarch 7th, 2018Bulk Sale: A type of escrow agreement placed on the sale of inventory, business assets and/or an entire company. The escrow serves to protect the interests of unsecured creditors: it eliminates the risk that the seller of the assets will use the proceeds from the sale for purposes other than paying debts or taxes owed.