Strategic Alternatives for Distressed Businesses, 2012 ed.

February 14, 2012


Jonathan Friedland, Lisa Vandesteeg


This reference provides a thorough overview of the options available to a distressed business and its various creditors and other constituents both in an out of bankruptcy. Volume 1 includes chapters describing these alternative processes and 20 state-specific chapters written by practitioners from each state that focus on common practices and procedures that need to be considered when using these alternative approaches. A compilation of selected federal statutes and statutes from all 50 states in volume 2 concludes the work.


  • Includes 20 state-by-state chapters that explain the most commonly used alternatives to bankruptcy in standardized format.
  • Includes selected federal and state statutes related to assignments for the benefit of creditors and other alternatives.
  • Offers a detailed analysis by expert practitioners of procedures for the state in which they practice.
  • Provides a general overview of alternatives available to a distressed business.
  • Provides state-by-state practice guides that cover such state as California, Colorado, Connecticut, Delaware, Florida, Illinois, Michigan, and Missouri.
  • Supplies the pertinent text of state and federal statutes for guidance in determining venue and other considerations.

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