In Fisker, the debtors, a family of companies seeking to produce premium plug-in hybrid electric vehicles in the United States, attempted to sell substantially all of their assets under Section 363 of the Bankruptcy Code through a private sale. The sale contemplated that the main secured creditor, Hybrid Tech Holdings, LLC (Hybrid), would bid in $75 million of its secured claim to purchase substantially all of the debtor's assets. Hybrid acquired its secured claim for $25 million from the Department of Energy (DOE) on October 1, 2013 ( i.e., for approximately 33 cents on the dollar), shortly before Fisker 's bankruptcy petition date of November 22, 2013. Moreover, the debtors proposed an expedited sale and confirmation process with hearings on those matters scheduled to occur not later than January 3, 2014 and with parties having only 24 days to object (and even less time to object for the Creditors' Committee, which was not appointed until December 5, 2013).