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Practice Areas
  • Gianna M. Casola
  • Andrea Dobin
  • Marybeth Massoud
  • Sari B. Placona
  • Joshua H. Raymond
  • Anthony Sodono, III
  • Joseph R. Zapata, Jr.

State Court Insolvency, an Alternative to Bankruptcy

Overview

As 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 Creditors in scores of cases and have successfully recovered  on hundreds if preferential and fraudulent conveyance claims.  The firm also has experience in serving as counsel to assignors in ABCs.

Who We Serve

  • Assignees
  • Assignors

Our Services

  • Construction Lending
  • Permanent Lending
  • Subordinate Lending
  • Bond financing
  • Mezzanine financing
  • Tax Credits
  • Securitization of local and state incentives
  • Mortgage Modification

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