Assignments for the Benefit of Creditors: Delaware | Practical Law

Assignments for the Benefit of Creditors: Delaware | Practical Law

A Q&A guide to an assignment for the benefit of creditors (ABC) in Delaware. This Q&A addresses the process by which assignments are generally administered in Delaware, including the commencement and administration of the ABC, the duties and actions of assignees, creditor claims, and the jurisdiction of the court. Answers to questions can be compared across a number of jurisdictions (see Assignments for the Benefit of Creditors: State Q&A Tool).

Assignments for the Benefit of Creditors: Delaware

Practical Law State Q&A w-030-2647 (Approx. 16 pages)

Assignments for the Benefit of Creditors: Delaware

by Patrick A. Jackson and Ian J. Bambrick, Faegre Drinker Biddle & Reath LLP, with Practical Law Bankruptcy & Restructuring
MaintainedDelaware, United States
A Q&A guide to an assignment for the benefit of creditors (ABC) in Delaware. This Q&A addresses the process by which assignments are generally administered in Delaware, including the commencement and administration of the ABC, the duties and actions of assignees, creditor claims, and the jurisdiction of the court. Answers to questions can be compared across a number of jurisdictions (see Assignments for the Benefit of Creditors: State Q&A Tool).