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
@southbaylawfirmApr 13
Bankruptcy and Insolvency News and Analysis – Week Ending April 12, 2019 https://t.co/HbaJHxFIaM South Bay Law Firm… https://t.co/JDT48Pj7X7
Michael Good
@southbaylawfirmMar 25
Bankruptcy and Insolvency News and Analysis – Week Ending March 22, 2019 https://t.co/yvm4oLHXcl South Bay Law Firm… https://t.co/DEG63RM8NI
Michael Good
@southbaylawfirmMar 08
Bankruptcy and Insolvency News and Analysis – Week Ending March 8, 2019 https://t.co/J8N4tC102M South Bay Law Firm… https://t.co/0SQelaVqMJ