Description
This desk reference provides a thorough overview of the alternatives to bankruptcy available to a distressed business and its various creditors and other constituents. It includes chapters describing these alternative processes and 14 state-specific sections written by practitioners from each state that focus on common practices and procedures that need to be considered when using these alternative approaches. A compilation of selected federal statutes and statutes from all 50 states concludes the work. This book is useful when more than one venue is available.
Features
- Provides a general overview of alternatives to bankruptcy available to a business
- Supplies the pertinent text of state and federal statutes for guidance in determining venue and other considerations
- Provides state-by-state practice guides that cover California, Colorado, Connecticut, Delaware, Florida, Illinois, Michigan, Missouri, New York, and Ohio
- Includes selected federal and state statutes related to assignments for the benefit of creditors and other alternatives
- Includes 14 state-by-state sections that explain the most commonly used alternatives to bankruptcy in a standardized format
- Offers a detailed analysis by expert practitioners of procedures for the state in which they practice