Partner James Sweet Featured by Harney Partners

At Steinhilber Swanson LLP, we take pride in educating our clients and colleagues in the legal industry. 

Partner James Sweet was recently featured in a Harney Partners Q&A, covering the topics of bankruptcy and assignment for the benefit of creditors (ABC). He provided thorough and insightful answers to questions such as: 

  • What are the primary differences between Chapter 11 bankruptcy and ABCs? 
  • What are the appointed receiver’s responsibilities during an ABC? 
  • Do ABCs and Chapter 11 bankruptcy share the same goals? 
  • When is an ABC likely to be more effective than Chapter 11? 
  • How do businesses operate during bankruptcy and an ABC? 
  • What is the role of management during bankruptcy or an ABC? 
  • Do these processes occur at the federal level or the state level? 
  • Are Chapter 11 bankruptcy and ABC the only options available to the parties? 

Read the full Q&A