For professionals dealing with distressed companies—whether as attorneys advising clients, investors seeking to preserve value, or venture debt professionals assessing risk—deciding between an Assignment for the Benefit of Creditors (ABC) or bankruptcy...
In the wake of economic fluctuations and potential market downturns, businesses across the United States, especially in sectors like technology and healthcare, are seeking more efficient methods to manage financial distress. The...
Explaining an emerging alternative to bankruptcy to resolve distress What is an ABC?