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A general assignment or assignment is a concept in bankruptcy law in which an insolvent entity's assets are assigned to someone as an alternative to a bankruptcy. One form is an "assignment for the benefit of creditors", abbreviated ABC or AFBC.
Companies, United States & Other common law countries
Explore the main themes, entities and connections around General assignment. Start with the topic map, then use the sections below for research and deeper semantic analysis.
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assignment creditors needed bankruptcy assets process citation creditor secured assignee may benefit dividend company general law usually legal bankrupt state
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| a secured creditor that even after restructuring | instance of | Secured creditor influenceIf there has been a determination by company management and interested parties | 0.80 | text |
| a | instance of | Secured creditor influenceIf there has been a determination by company management and interested parties | 0.80 | text |
| intellectual property or processes are much more difficult to evaluate | instance of | Intangible assets | 0.80 | text |
| General assignment | related to Other common law countries | In | 0.60 | section |
| General assignment | related to Other common law countries | The | 0.60 | section |
| General assignment | related to Other common law countries | Bills | 0.60 | section |
| General assignment | related to United States | In | 0.60 | section |
| General assignment | related to United States | United States | 0.60 | section |
| General assignment | related to United States | An | 0.60 | section |
| General assignment | related to United States | The | 0.60 | section |
| General assignment | related to United States | Chapter | 0.60 | section |
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