Companies facing financial difficulties often utilize Chapter 11 to help effectuate a restructuring or sale as part of a case filed in the United States Bankruptcy Court. In other instances, a company’s lender – impatient...more
At its recently concluded annual meeting, the Uniform Law Commission (ULC) voted final approval of the Uniform Assignment for Benefit of Creditors Act (“Act”).
Set forth below is a short discussion of “ABCs” as they...more
7/25/2025
/ Assignments ,
Bankruptcy Code ,
Commercial Bankruptcy ,
Commercial Litigation ,
Creditors ,
Debt Restructuring ,
Debtors ,
Insolvency ,
Liquidation ,
New Legislation ,
Restructuring ,
State Legislatures ,
Transparency ,
Uniform Commercial Code (UCC)