Assigment - South Bay Law Firm
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Assigment

ASSIGNMENT

When a liquidation or quick sale of a business is in prospect, an assignment for the benefit of creditors (ABC) offers a statutorily recognized and contractual method of addressing insolvency.

ABCs often provide a viable and inexpensive means of sale when a firm’s liquidity crisis precludes the use of Chapter 11, or when an appointed Chapter 7 trustee is unlikely to maximize the value of the firm’s intellectual property or relationship capital.

South Bay Law Firm can help clients weigh the comparative benefits of this and other liquidation alternatives in light of their unique circumstances.  We can also utilize our extensive network of existing relationships with assignees to determine the optimal fit for the client’s particular situation.

Michael Good
@southbaylawfirmDec 09
Bankruptcy and Insolvency News and Analysis – Week Ending December 7, 2018 https://t.co/XvQwLco9El South Bay Law Fi… https://t.co/h4GXM7x2Cn
Michael Good
@southbaylawfirmDec 09
Bankruptcy and Insolvency News and Analysis – Week Ending December 7, 2018 https://t.co/XvQwLco9El South Bay Law Fi… https://t.co/dcnXgaAJdo
Michael Good
@southbaylawfirmDec 02
Bankruptcy and Insolvency News and Analysis – Week Ending November 30, 2018 https://t.co/uRSOAPl3FP South Bay Law F… https://t.co/3LSaQWn5bC