Sari Placona Names VP of Communications for TMA Executive Board
We’re proud to announce that MS&B partner Sari Placona has been appointed Vice President of Communications for the 2025 Turnaround Management Association (TMA) Executive Board!
An Assignment for the Benefit of Creditors (commonly referred to as an “ABC”) is a state court insolvency proceeding similar to a federal court bankruptcy proceeding. The firm’s attorneys have extensive experience and are well versed in ABCs. We have represented Assignees for the Benefit of Creditors in scores of cases and have successfully recovered on hundreds of preferential and fraudulent conveyance claims. The firm also has experience in serving as counsel to assignors in ABCs.
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For more information about our State Court/Insolvency services, please contact Anthony Sodono, III, Chair, Bankruptcy & Restructuring Group, at (973) 721-5038.