Attorneys from the Tonkon Torp Bankruptcy & Reorganization Practice Group were invited to author three guides for Thomson Reuters Practical Law, published as part of their State Q&A series for Bankruptcy and Restructuring. Each guide provides in-depth detail on a specific aspect of Bankruptcy and Restructuring in Oregon.
Thomson Reuters Practical Law provides up-to-date and trustworthy resources to help solve the unique issues facing government and corporate attorneys. Practical Law’s straightforward practice guidance is created by contributing attorneys, judges, and other professionals with subject matter expertise.
A summary of the guides is below with a link to the full Q&As.
Assignments for the Benefit of Creditors, authored by attorneys Albert Kennedy and Ava Schoen, reviews the process by which assignments are generally administered in Oregon, including the commencement and administration of the ABC, the duties and actions of assignees, creditor claims, and the jurisdiction of the court. Read the Q&A here.
UCC Article 9 Sales, authored by attorneys Albert Kennedy, Michael Fletcher, and Sam DeBaltzo, addresses Uniform Commercial Code (UCC) Article 9 Sales in Oregon. Article 9 of the Model UCC is intended to create a uniform system across the country for creating, perfecting, and enforcing security interests in personal property. Article 9 has been adopted by many states, while others have made modifications to the law or have not adopted the most recent version of the law. The Q&A outlines the process by which secured creditors may exercise their rights to enforce their security interests in personal property under Oregon’s equivalent Article 9 statutes, including repossession remedies, notice requirements, disposition of proceeds, and collateral repurchase. Read the Q&A here.
Receiverships: Oregon, authored by attorneys Albert Kennedy, Lauren Bernton, and Danny Newman, covers the process by which receiverships are generally administered in Oregon, including the commencement and administration of the receiverships, the duties and actions of receivers, creditor claims, and the jurisdiction of the court. Read the Q&A here.
Tonkon Torp’s Bankruptcy & Reorganization practice is recognized nationally for its strategic and results-oriented approach. Its experienced lawyers identify and tailor solutions for debtor and creditor clients of all sizes, and have represented debtors in most of the largest chapter 11 cases filed in Oregon and the Pacific Northwest in the last few decades.