» Bankruptcy

Assignment for the Benefit of Creditors - Defenses to Preference Suit By an Assignee

When our clients are sued by an assignee it is often because our client’s former customer has made an "assignment for the benefit of creditors" authorizing a person or entity to sue our client to obtain payments the customer made to our client.

Limits on the Protection of a Personal Guarantee

Many of our clients require the unconditional personal guarantee of a company owner before entering into a contract. A personal guarantee is a good way to protect against the risk of default, but it is important to understand its limitations.

For More Information

Fill out our online form