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Long-form, practical guidance for boards, lenders, investors, and operators evaluating high-stakes restructuring and wind-down decisions. Browse by topic, or start with the guide most people read first.

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4 long-form decision guides

Last Updated

August 13, 2026

Typical Read

20–30 minutes, built as working references

What is an Assignment for the Benefit of Creditors (ABC)?

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28 min read · Approx. 6,000 words

What is an Assignment for the Benefit of Creditors (ABC)?

An Assignment for the Benefit of Creditors is a process in which an insolvent company voluntarily transfers its transferable, nonexempt assets to an independent assignee, who liquidates them as a fiduciary for creditors and distributes the proceeds by legal priority. This is the explanation every founder should have before the crisis.

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