general assignment for the benefit of creditors
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... of the petition, executed a deed of general assignment, conveying all its property and assets ... to a referee in bankruptcy, and certain creditors secured in the deed of assignment, who had institu... made a general deed of assignment for the benefit of his creditors.' . The co tentions of the parti...
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...CHAPTER XL: PENSION BENEFIT GUARANTY CORPORATION. SUBCHAPTER E: PLAN TERMINATI..., extension, or settlement with creditors;. (4) Executes a general assignment for the benefi...
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... Sections 152, 153 and 157 of the Delaware General Corporation Law require boards to determine the co... or insolvency law or makes a general assignment for the benefit of creditors. 4. Payment of the P...
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...Selling, general and administrative expenses for the second quarter... its HYDRELLE product, made a general assignment for the benefit of creditors and an Assignee began...
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... Sections 152, 153 and 157 of the Delaware General Corporation Law require boards to determine the co... or insolvency law or makes a general assignment for the benefit of creditors. 4. Payment of the...
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Financially distressed businesses, especially in California, are increasingly using assignments for the benefit of creditors (ABCs) to liquidate their assets as an alternative to filing a chapter 7 bankruptcy. ABCs are more efficient, less costly, and minimize negative publicity for management. Recently, several courts considered whether the California preference statute, which gives a state assignee, but not creditors generally, the power to recover preferences, is preempted by the Bankruptcy Code. The decision to file for bankruptcy or to initiate ABC proceedings is predominantly a creditor concern. The decisions of the California Court of Appeals and the Ninth Circuit have substantial impact on creditors because a preemptiomst resolution to the debate at hand would result in a tradeo...
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... between defendants constituted an assignment for the benefit of creditors of the defendants abo... definitely that they must fail, make a general disposition of their property among their creditor...
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... Sections 152, 153 and 157 of the Delaware General Corporation Law require boards to determine the co... or insolvency law or makes a general assignment for the benefit of creditors. 4. Payment of the Pa...
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... pay its debts as they mature, or making a general assignment for the benefit of, or entering into anny composition or arrangement with creditors, or;. (B) Proceedings for the appointment of a rec...
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... about two months later made a voluntary general assignment for the benefit of creditors to Sherwoo...