How will you know when it’s the right time to liquidate or request a receiver?
Adverse business repercussions can come from many directions. The backlash against Cambridge Analytica forced it to shut down. Disputes among owners, like those involved with the coffee company featured in the Dave Eggers book, The Monk of Mokha, or with investors, like those who backed Jose Garces, may give rise to the appointment of a receiver or a liquidator.
Asterion’s staff has frequently served as receivers and liquidators. If your business is involved in a dispute that is disrupting operations, consider contacting us.
If you are faced with a class action, will you be ready?
Sometimes, class actions may be the best way to effectively pursue a remedy. In Florida, numerous post-Irma claims against Florida Power and Light have been approved to proceed as a class, while Apple is facing a proposed class of customers unhappy with the MacBook Pro keyboard. No one should expect such cases to be resolved quickly. Freelance writers in a digital copyright class action waited 17 years for a result. There are also those times when outside observers may be perplexed by a claim, as in the action now pending against Dr. Pepper that seeks damages due to the alleged absence of detectable ginger in Ginger Ale.
The consultants at Asterion have worked on numerous class actions, on both the plaintiffs’ and defendants’ side. If you need assistance in assessing a claim or determining damages in a matter that has been or may be certified as a class action, consider discussing your case with us.
On the Lighter Side: I scream, you scream, we all scream for ice cream.
Just don’t bring the bear.
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Spotlight on Receiverships and Liquidation Services
Asterion, Inc. (“Asterion”) has extensive experience providing services in fiduciary roles such as trustee, receiver, examiner, plan administrator, liquidating trustee, disbursing agent, claims agent or replacement plaintiff.