Article 778 — Sale of the Debtor’s Business Assets

1/ Where the sale of the business as a going-concern has not occurred in reorganization or bankruptcy proceedings, the trustee in bankruptcy may sell together all or part of its tangible and intangible movable assets, if he believes that such a sale is feasible and provided that it maximizes the price by comparison to a piecemeal sale. 2/ The trustee in bankruptcy may decide to sell the business by means of a public auction or private sale, whichever seems the more likely to maximize the price.