PT - JOURNAL ARTICLE AU - David S. Kupetz TI - Assignment for the Benefit of Creditors AID - 10.3905/jpe.2003.320046 DP - 2003 May 31 TA - The Journal of Private Equity PG - 16--24 VI - 6 IP - 3 4099 - https://pm-research.com/content/6/3/16.short 4100 - https://pm-research.com/content/6/3/16.full AB - David Kupetz discusses the assignment for the benefit of creditors as an ideal solution for companies, when they are no longer viable and must proceed with an exit strategy. After outlining the options for companies in this circumstance, he defines the ABC process, from beginning to end, and highlights its fast and easy approach when compared to other processes, such as bankruptcy liquidation. Kupetz recommends an ABC as a solution for companies that want to wind down quickly and efficiently, but are burdened with debt and want to limit negative publicity and potential liability, etc.