Uniform Law Commission: New Study Committee On Assignments For Benefit Of Creditors

Dale G. Higer is an attorney and a long-time Commissioner for the State of Idaho on the Uniform Law Commission.  His newest role is Chair of the Commission’s newly-formed Study Committee on Assignments for Benefit of Creditors. What follows is Mr. Higer’s report on the Commission and on the work of the newly formed Study... Continue Reading →

Assignment For Benefit Of Creditors: A Uniform Law Is Needed

A lack of uniformity? (photo by Marilyn Swanson) By: Donald L Swanson It’s time for a uniform law on the subject of assignment for benefit of creditors. Description Assignment for benefit of creditors laws are commonly known by the acrostic “ABC Laws”--for obvious reasons.  Such laws are a tool for owners of a distressed business in... Continue Reading →

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