Special Assets Lawyer Blog

As many of you may know, I was asked to help launch the Northern California chapter of the Special Assets Management Association (SAMA), and I currently serve on its Event Planning Committee. SAMA is hosting a luncheon program on "The Dos and Don'ts of Lender Liability" on March 1st at the Hyatt Regency in San Francisco.

My partner, Joe Demko, is a panelist, along with other professionals with deep experience in lender liability issues.

Continue reading "The Dos and Don'ts of Lender Liability - SAMA Program in San Francisco" »

Assignments for the Benefit of Creditors are an often overlooked procedure for liquidating a company. A good way to understand ABCs is to think of them as an out of Court Chapter 7 case. Creditors - both secured and unsecured - and debtors turn to ABCs when a company (or its assets) need to be sold so the proceeds can be paid over to creditors. An ABC is an alternative to liquidation by foreclosure, receiver's sale, Section 363 sale in bankruptcy, and sale by the debtor itself.

Continue reading "It's as Easy as "ABC" -- Assignments for the Benefit of Creditors" »

Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that Ben Young has joined the firm as a partner in the Bankruptcy Department.

With more than 30 years of experience in insolvency matters, Ben provides a full range of bankruptcy, insolvency and restructuring expertise to his clients. He handles debt and equity restructuring, complex workouts, assignments for the benefit of creditors, receiverships and foreclosures for a wide range of businesses and financial institutions.

Continue reading "JMBM Welcomes Insolvency Lawyer, Bennett G. Young" »