The value of an insolvent business is often best realized by simply reducing its assets to cash as quickly and efficiently as possible. Paths to liquidation include:
Going-out-of-business sale
Public auction
Private bulk sale to a liquidator
Negotiated sale to a third party that will carry on part of the debtor's business
Transfers of assets to creditors in satisfaction of all or part of their claims
When a liquidation is a client’s best option, South Bay Law Firm will act quickly and cost-effectively in negotiating and documenting the most optimal liquidation structure possible on the client’s behalf.