The panel will discuss an Assignment for the Benefit of Creditors (ABC) as an out-of-court restructuring alternative available to financially distressed middle market businesses as well as private equity and venture capital backed portfolio companies. We will address the process, advantages over bankruptcy, limitations, case studies, as applicable, as well as The Uniform Assignment for Benefit of Creditors Act (UABCA).
Speakers:
- Christopher A. Ward, Partner, Lowenstein Sandler LLP
- Harold Israel, Levenfeld Pearlstein, LLC
- Bryn Pema, Wintrust Bank
- Jeff Klausner, Resolution Financial Advisors
- Alex Kasdan, Convergence
Time: 2 p.m. ET
