09.18.24
Jake DiIorio was a panelist at the California Receivers Forum‘s educational seminar, “A Receiver’s Superpowers.” Jake and his co-panelists discussed a Receiver’s unique powers, including the power to sell free-and-clear of liens and to subordinate liens when borrowing; the power to reject executory agreements; and quasi-judicial immunity. They also addressed what judges think about these […]
09.11.24
ABCs can be Prudent Alternative to Bankruptcy & Receivership An Assignment for the Benefit of Creditors (ABC) can be the most prudent fiduciary action by a distressed company’s board of directors. The benefits of ABCs compared to Ch. 7 & 11 bankruptcies, receiverships, and other out-of-court restructuring methods include: Speed: Out-of-court ABCs can be completed […]
05.20.23
Jake DiIorio was a panelist presenting “Bankruptcy Card Counting: When to Stay and File vs. When to Split and Double Down on the Alternatives” at the California Bankruptcy Forum’s 35th Annual Insolvency Conference. Details: To file or not to file…that is the question? While bankruptcy may be teh first consideration when facing insolvency, what are […]
