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Resurgence of the ABC Brings Forum Fights

The assignment for the benefit of creditors (ABC) is having a moment. The Uniform Law Commission’s 2025 Uniform Assignment for the Benefit of Creditors Act has been enacted in six states, while economic concerns are pushing distressed middle-market companies toward this faster and less expensive bankruptcy alternative.

7 minute read October 01, 2026 at 12:05 AM
By
David J. Kozlowski and Dawn R. Sudama
Resurgence of the ABC Brings Forum Fights

The assignment for the benefit of creditors (ABC) is having a moment.

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