Practice Area
Corporate liquidation services for Chapter 7, ABC, out-of-court, and lender-driven wind-downs that need disciplined execution and value preservation.
Overview
When business recovery is no longer realistic, liquidation becomes a process design problem. The question is not whether assets will be sold. It is whether they will be sold through a structured framework that protects value, documents decisions clearly, and treats stakeholders with discipline.
CMBG manages liquidation matters through formal court processes and privately negotiated arrangements. Depending on the structure, we can serve as assignee, liquidation agent, advisor, or fiduciary support resource.
Our work covers more than hard assets alone. Inventory, equipment, receivables, trademarks, software, customer relationships, and brand value can all change the recovery outcome when they are handled deliberately.
Liquidation Channels
Chapter 7 bankruptcies where a federal trustee-led liquidation is the right fit.
ABC transactions where a state-law assignee can move faster and with more flexibility.
Out-of-court liquidations that preserve value while avoiding unnecessary litigation and cost.
Secured creditor and Article 9 sale processes where collateral remedies drive the timeline.
Why Timing Matters
Once a company is headed toward a wind-down, time, documentation, and sale design heavily influence recovery. The more disciplined the process, the better the chance of preserving value for creditors and other stakeholders.
26,941
US business bankruptcy filings in the year to June 2026
16.9%
year-over-year rise in business filings over the same period
608,511
total US bankruptcy filings in the year to June 2026
Capabilities
Secure inventory, equipment, records, cash controls, and intellectual property before value leaks out through delay, disorder, or disputed authority.
Run inventory, equipment, receivables, and other asset sales through the channels best suited to speed, confidentiality, and recovery value.
Treat trademarks, software, customer relationships, and other intangibles as part of the liquidation strategy rather than as afterthoughts.
Coordinate lender, creditor, vendor, employee, and board communications so the wind-down remains orderly and defensible.
Support the accounting, records organization, distributions logic, and final reporting needed to close the process cleanly.
Choose and execute the right liquidation path based on legal structure, stakeholder alignment, asset mix, and timing pressure.
Process Selection
Explore a situation to learn where we can help.
Best when a federal court-supervised liquidation and trustee control are necessary to close the business and administer claims.
Explore this serviceUseful when a faster, state-law wind-down can preserve value better than a more expensive federal filing.
Explore this serviceAppropriate when stakeholders can align around a voluntary wind-down and privately negotiated asset-sale strategy.
Explore this serviceUseful when the senior lender has collateral control and a faster enforcement-driven sale is more practical than a full insolvency case.
Explore this serviceRelated Resources
These related guides, videos, and case studies show how liquidation work gets structured in practice, including Article 9 sales, orderly wind-downs, and public sale processes.
FAQ
These are the questions we hear most often from boards, lenders, owners, and fiduciaries trying to choose the right wind-down path and preserve as much value as possible once liquidation becomes necessary.
The right process can materially change recovery, timing, and stakeholder confidence even when the business is already headed toward a wind-down.
Discuss a Liquidation