11 Oct 2023
State Law Comparison Tool for ABCs
You represent several troubled companies and need to explore whether an assignment for the benefit of creditors (ABC) is a viable non-bankruptcy alternative for your clients. Practical Guidance provides a way to compare ABC statutes in several states with the State Law Comparison Tool for ABCs which is live with 13 top jurisdictions!
Related Content
- Assignments for the Benefit of Creditors
Read this practice note to understand ABCs.
- Assignments for the Benefit of Creditors Checklist
Use this checklist when representing assignors and assignees in determining the necessary actions prior to an ABC, drafting the ABC agreement, and navigating an ABC proceeding.
- General Assignment for Benefit of Creditors
Use this general assignment for the benefit of creditors template when proceeding with an ABC.
- Assignment for the Benefit of Creditors (DE)
Read this Q&A on the requirements for filing an ABC in Delaware.
- Assignment for the Benefit of Creditors (NY)
Read this Q&A on the requirements for filing an ABC in New York.
- Assignment for the Benefit of Creditors (CA)
Read this Q&A on the requirements for filing an ABC in California.
- Assignment for the Benefit of Creditors (FL)
Read this Q&A on the requirements for filing an ABC in Florida.
Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.
- Mega Chapter 11 Filings Tracker
- Subchapter V Decision Tracker
- Generative Artificial Intelligence (AI) Resource Kit is a frequently updated collection of current Practical Guidance materials on generative AI, ChatGPT, and similar tools.
- Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
- Practical Guidance Journal Third Edition 2023 features Generative AI cautions and benefits, new trends in lending, environmental law considerations, and insightful market intelligence.
- Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19 and more.
- Check out our Practical Guidance Author Center! Learn about the 1750+ leading attorney authors contributing to our 26 practice areas, and find out how you can Become a Practical Guidance Author. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.
PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.
Experience Lexis+