Practice Areas
  • Andrea Dobin
  • Sari B. Placona
  • Joshua H. Raymond
  • Shoshana Schiff
  • Anthony Sodono, III
  • Joseph R. Zapata, Jr.

State Court Insolvency, an Alternative to Bankruptcy


An Assignment for the Benefit of Creditors (commonly referred to as an “ABC”) is a state court insolvency proceeding similar to a federal court bankruptcy proceeding.  The firm’s attorneys have extensive experience and are well versed in ABCs.  We have represented Assignees for the Benefit of Creditors in scores of cases and have successfully recovered  on hundreds of preferential and fraudulent conveyance claims.  The firm also has experience in serving as counsel to assignors in ABCs.

Who We Serve

  • Assignees
  • Assignors

Contact Us
For more information about our State Court/Insolvency services, please contact Anthony Sodono, III, Chair, Bankruptcy & Restructuring Group, at or 973-721-5038.



Sari Placona Co-Chairing the William H. Gindin Bankruptcy Bench Bar Conference

May 11, 2023
3:00 pm to 6:30 pm

May 12, 2023
8:00 am to 3:30 pm

Hard Rock Hotel & Casino
Atlantic City, NJ

Learn more

Sari B. Placona to Co-Chair the 2023 TMA Mid-Atlantic Regional Symposium

Sari B. Placona, a partner in MS&B’s Bankruptcy practice, will co-chair the 2023 TMA Mid-Atlantic Regional Symposium being held on June 14-15th at Ocean Casino Resort in Atlantic City, New Jersey.

Learn more