assignment for the benefit of creditorsの例文

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1. The assignment for the benefit of creditors is a state form of bankruptcy action versus a federal form of bankruptcy action.
2. The assets sold in an assignment for the benefit of creditor process do not usually require a judge's intervention.
3. In October 2014, Sensa declared insolvency and ceased operations, and entered into an assignment for the benefit of creditors.
4. An assignment for the benefit of creditors is designed to save time and expense by concluding the affairs of a bankrupt company.
5. An assignment for the benefit of creditors is a relatively well-established common law tool and is one alternative to a bankruptcy.