Corporate Wind-Downs:
| Often, an insolvent corporation really does not need to file for bankruptcy protection. CK provides counseling and planning for insolvent corporations, assisting them in managing the efficient liquidation of their remaining assets and distributing the proceeds fairly to their creditors. Over the last few years, Crocker Kuno has been counsel to dozens of dot.com's undergoing an out-of-court wind-down, as well as many other more traditional corporations. Through this process, we have successfully shepherded the sale of assets, including the sale of intellectual property in appropriate circumstances. These transactions are rarely publicized, but we believe that our clients often receive the best possible outcome by avoiding the judicial process. |
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