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The Association of Corporate Council's (ACC) Value Challenge Law Firm Committee has joined forces with the Legal Marketing Association. The new committee, LMA-ACC Advisory Council, will continue to focus on helping the ACC align value and cost for legal services in the marketplace.
Last year, when ACC closed its rating system, the Value Index, (only a few years after it was launched), many asked, “Is ACC moving away from the Value Challenge as a focus?” We caught up with the LMA-ACC Advisory Council co-chairs, Kristin Sudholz and Felice Wagner, to answer the question. “Quite to the contrary, ACC is committed now more than ever to the Value Challenge,” according to Ms. Wagner.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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