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
@southbaylawfirmFeb 17
Recent ruling from the 3d Circuit affecting reclamation claims. https://t.co/yPlyoZiP8D
Michael Good
@southbaylawfirmFeb 10
9th Circuit: Impaired Accepting Class Requirement Applies to Confirmation on a “Per-Plan,” Not a “Per-Debtor” Basis https://t.co/YGYXoJDxDb
Michael Good
@southbaylawfirmFeb 04
- PACA claims:a lien? - 363 v. 365 - Buzz (and controversy) re venue bill. - Intriguing cross-border developments. https://t.co/DcF8HWXzzG