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
@southbaylawfirmNov 16
Bankruptcy and Insolvency News and Analysis – Week Ending November 16, 2018 https://t.co/yDvAfS6QhM South Bay Law F… https://t.co/eDofgmHfHN
Michael Good
@southbaylawfirmOct 19
Retail filings up sharply this year - Sears is just one of many. Check it out in this week's reading! https://t.co/7lWsIJ6LtC
Michael Good
@southbaylawfirmOct 19
Bankruptcy and Insolvency News and Analysis – Week Ending October 19, 2018 https://t.co/9vFm3QIYFM South Bay Law Fi… https://t.co/ULFssFtVrF