Assignment for Benefit of Creditors (ABC) might mitigate loss and preserve going-concern value for the company and its secured creditors.

Insider lease agreements can offer tax advantages and liability protections. They also present ethical and legal challenges, particularly in bankruptcy.

Understanding the Section 363 sale process and the dynamics of bankruptcy sales is crucial to navigating these complex transactions successfully.

Federal equity receiverships are crucial mechanisms for addressing insolvency, fraud, and mismanagement in businesses.

The automatic stay provides the debtor with breathing room to reorganize finances and prevents creditors from racing to recover assets.

Defend against bankruptcy preference actions with strategies like contemporaneous exchange, ordinary course of business, and subsequent new value defenses.

The statutes that dictate how to start and manage a receivership may differ depending on the state. It is critical to understand the key differences between jurisdictions.

Chapter 11 bankruptcy serves as a vital mechanism for businesses aiming to restructure their debts and continue operations.

Many but not all states permit a company to commence an ABC to liquidate all its assets for the benefit of its creditors. The ULC is currently working to create a uniform act on the subject.

When a licensor files bankruptcy, a licensee can choose to retain their IP license rights in bankruptcy under the Bankruptcy Code.