A troubled company often reflexively perceives a bankruptcy filing as the prototype solution to its financial distress. Bankruptcy is an important and powerful tool to address insolvency—providing for an automatic stay, the sale of assets free and clear, confirmation of a plan over the objection of...

An assignment for the benefit of the creditors (ABC) has become an increasingly well-known insolvency process. While an ABC may have certain advantages for a particular company over other insolvency alternatives ( e.g ., a bankruptcy filing, foreclosure), the facts of each situation should be well...

Complex commercial and property cases can turn on issues that are not easily resolved by conventional litigation. But the law offers a path out of the thicket. Receivership is a tool that is often overlooked in complex disputes. Working with the court, receivers can provide the structure, guidance...

The Uniform Commercial Code (UCC) provides a framework to allow a secured party to foreclose its security interest in personal property after a default without judicial proceedings. The secured party may then proceed to take possession of the collateral and render it unusable or dispose of it on...

Alabama Nicholas C. Glenos, Bradley Arant Boult Cummings LLP Arizona Matthew H. Sloan Atlanta Laura DiBiase, Miller & Martin PLLC Llewellyn R. Hall, FTI Consulting Ernesto Moran, UPS Capital Corporation Brian Stewart, Bibby Financial Services Inc. Carolinas Tim Jordan, Valtegra Group Chesapeake...

Chiron Financial LLC has opened a new European headquarters in Paris to be led by Alban Meteyer , a vice president with the middle market investment banking firm. The new office serves businesses in western continental Europe, including France, the U.K., the Netherlands, Germany, Italy, Spain,...

Arizona Jeremy R. Jarrett, Greenspoon Marder PA Suzanne Kelly Atlanta J. Patrick Moody, Citizens Bank Stephen Schlesser, Vion Investments Zachary Shipps, Jone Lange LaSalle Austria Marcus Bumberger, Oberbank AG Burak Buyukfirat Gerhard Ebner, A.B.S. Factoring AG Lorenz Gabmann, KPMG Advisory GmbH...

A&G Realty Partners has established a new Healthcare Property Division and named Peter J. Lynch, a Los Angeles-based principal at the firm to head the unit. Maximizing real estate assets allows healthcare companies to drive down costs and better position themselves for survival or growth, the...

Arizona Andrea Wimmer, Schian Walker PLC Atlanta Andrew Blaesing, Aurora Management Partners Inc. Lloyd R. Lane, Moore Colson Amanda Levesque, Moore Colson Susan H. Seabury, Baker Tilly John A. Thomson Jr., Adams & Reese LLP Phil Tucker, Phil Tucker & Associates LLC Cora A. Wilke, Morris...

If restructuring professionals were asked whether the U.S. economy is currently weak or strong, they would likely offer varying answers depending on each professional’s experience. CFOs might answer entirely differently depending on the areas of business in which they operate. To avoid this kind of...