Over the past three years Peter Califano has lead a team of insolvency lawyers in collecting relevant statutes, case law and scholarship regarding the assignment for benefit of creditors procedure available here in California.  We are happy to announce that the Business Law Section of the State Bar of California has published the “California Assignments for the Benefit of Creditors Desk Guide”, edited by Peter and produced by the Insolvency Law Committee.  The Desk Guide will be a great resource for fiduciaries, practitioners and other professionals involved in this pre-bankruptcy option for distressed companies.  The 80+ page Desk Guide will be available soon for purchase through the State Bar website.

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