dailydac.bsky.social
@dailydac.bsky.social
3 followers 1 following 76 posts
Posts Media Videos Starter Packs
On October 20th, the Uniform Law Commission approved the groundbreaking Uniform Assignment for Benefit of Creditors Act. This law modernizes and standardizes state-level liquidation procedures, impacting restructuring nationwide.#lawupdate #bankruptcy #uniformlaw
www.dailydac.com/brought-to-y...
Determining the collateral value of a secured claim is more art than science, especially when the claim is over-secured.
#BankruptcyPetition #BusinessDistress #GeneralUnsecuredCreditor #SecuredClaims #Valuation
www.dailydac.com/determining-...
Section 363 asset sales ensure transparency, fairness, and value maximization while protecting buyers from many risks associated with distressed assets.

#363Sale #BankruptcyPetition #BusinessDistress #Chapter11Plans/Confirmation
www.dailydac.com/the-practica...
Holders of administrative claims are entitled to priority payment so long as the claim was for goods or services that benefited the debtor’s estate.

#BusinessDistress #Chapter11Plans/Confirmation #Claims #GeneralUnsecuredCreditor #Insolvency
www.dailydac.com/demystifying...
While some see third-party releases as essential to achieving global settlements, others view them as dangerous loopholes.

#BusinessDistress #BusinessLaw&Litigation #Chapter11Plans/Confirmation #Insolvency
www.dailydac.com/the-shifting...
When most people think of receiverships, they picture distressed companies with familiar assets. But not every case fits neatly into that mold.

#AssetSale #BusinessDistress #IntellectualProperty #Receivership101 #StateCourtReceiverships
www.dailydac.com/unusual-rece...
In business bankruptcy, creditors, vendors, and even business partners may find themselves pulled into lawsuits called ‘avoidance actions.’

#BusinessDistress
www.dailydac.com/defending-ag...
Turnarounds are demanding journeys that require a viable core product, sufficient resources, and highly competent leadership to be successful.

#BusinessDistress
www.dailydac.com/the-business...
NOTICE OF PUBLIC SALE OF COLLATERAL
Auction October 2, 2025, at 10:0
www.dailydac.com/public-notic...
NOTICE OF UCC SALE – Assets of a national supplier of home furnishings. Sealed bids due Oct 15, 2
www.dailydac.com/public-notic...
On October 17, 2025, at 10:30 a.m. prevailing Eastern time, AN Em
www.dailydac.com/public-notic...
The Chief Restructuring Officer plays a critical role in helping distressed companies navigate the tricky waters of restructuring and bankruptcy.

#BusinessDistress #Chapter11Plans/Confirmation #Insolvency #ProfessionalsRetention/Compensation/Fees
www.dailydac.com/the-chief-re...
In a cannabis receivership the usual challenges faced in a state court receivership multiply. Understanding these dynamics is crucial.

#BusinessDistress #BusinessLaw&Litigation #Receivership101 #StateCourtReceiverships
www.dailydac.com/navigating-t...
When a customer files for bankruptcy, the vendor must act quickly and consider three key issues to protect their interests and recover their debts.

#Chapter5CausesofAction(InclFraudulentTransfersandPreferences) #Claims #GeneralUnsecuredCreditor #Priorities
www.dailydac.com/3-issues-for...
Property appraisals can be crucial in making an important business decision, so it’s all the more important to have the right appraiser for the job.

#363Sale #AssetSale #BusinessDistress #Chapter11Plans/Confirmation #Valuation
www.dailydac.com/personal-pro...
Finalizing a receivership involves multiple steps. Without a clean conclusion, the receiver and the court can face unnecessary risks.

#BusinessDistress #BusinessLaw&Litigation #Receivership101 #StateCourtReceiverships
www.dailydac.com/how-to-wrap-...
Single asset real estate (SARE) cases are deceptively complex and the legal and ethical issues they raise can trip up even experienced professionals.

#AutomaticStay #BusinessDistress #Chapter11Plans/Confirmation #Insolvency #SingleAssetRealEstate
www.dailydac.com/single-asset...
🚨 UCC ARTICLE 9 SALE: Leading newswire for press release distribution company. 🚨
Auction Advisors has announced the public auction of assets News Direct Corp.
🗓️ Auction date: September 16, 2025
⏰ Bid deadline: September 12, 2025
www.dailydac.com/public-notic...
In an asset sale, a receiver must balance selling quickly enough to avoid value erosion while ensuring the sales process is competitive and credible.

#AssetSale #BusinessDistress #Receivership101 #StateCourtReceiverships #StateReceiverships
www.dailydac.com/asset-sales-...
📢 UCC Public Sale: Sept. 5, 2025 – 1:00 PM EST.

AFC Agent LLC will auction collateral of Pulse Partners LLC at Bodman PLC (Grand Rapids, MI) & via Zoom.

🔗 https://www.dailydac.com/category/premium-public-notices/
www.dailydac.com/public-notic...
📢 UCC Public Sale: Sept. 23, 2025 – 2:30 PM ET at NY County Courthouse, 60 Centre St.
Sale of 100% LLC interests tied to 305–313 E 86th St. & 160 E 88th St., NYC.
For more info go to: https://www.dailydac.com/category/premium-public-notices/
www.dailydac.com/public-notic...
📢 Public Auction: Assets of News Direct Corp. to be sold Sept. 16, 2025, 11:00 AM ET via online auction (Auction Advisors).
For more info go to: https://www.dailydac.com/category/premium-public-notices/
www.dailydac.com/public-notic...
Notice of sale
PLEASE TAKE NOTICE THAT on September 30, 2025 at 1:00 pm prevailing central time DGB ACQUISITION 2025-1, LLC ("Creditor") as creditor of Vertify, Inc.
www.dailydac.com/public-notic...
When a business is struggling, a receivership can offer flexibility that traditional bankruptcy may lack and can help stabilize a critical situation quickly.

#AutomaticStay #BusinessDistress #CashCollateral&DIPFinancing #Receivership101 #StateCourtReceiverships
www.dailydac.com/administerin...