The transfer of a property for the benefit of creditors or in trust.
Related information about assignment to creditors:
- What is assignment to creditors? definition and meaning
Definition of assignment to creditors: The transfer of a property for the benefit of creditors or in trust.
- Assignment for the Benefit of Creditors - American Bankruptcy Institute
Within thirty days of assignment, mail notice of the assignment to creditors. • File inventory and valuation of estate with the Superior. Court. • File a list of creditors ...
- State Law Preference Actions: A Thing Of The Past?
notice of the assignment to creditors and set a deadline for the submission of claims against the debtor; (ii) give certain prior- ities for payment of claims for ...
- O'Melveny & Myers LLP | Newsroom | Alerts | California Decision ...
Nov 3, 2009... detailed, pragmatic proposal to invoke the bankruptcy option was submitted to the Pluris board before the assignment to creditors was made.
- Model Statute for General Assignments for the Benefit of Creditors ...
Of primary concern is the need for notice of the assignment to creditors. This is dealt with in section 401. Additionally, in light of the emergence of electronic mail, ...
- Triangle Capital LLC | Services | Distressed Situations
However, it may be that filing for Chapter 11, an assignment to creditors or some similar procedure will yield the best outcome. In these cases, Triangle Capital ...
- Distressed Business Attorney in Northbrook, IL – Illinois
... can include out-of-court workouts, filing for protection from creditors under Chapter 11 of the federal Bankruptcy Code, or making an assignment to creditors .
- 691 F2d 81 Regan v. F Ross V Regan | OpenJurist
We agree with the district court's conclusion that the state law prohibition against assignment to creditors, N.Y. Retire. & Soc. Sec. Law § 110 (McKinney 1971), ...