When might a business need a receiver?
Businesses may get into trouble in any number of ways. Overfunding of Jawbone, which aimed to take on Fitbit, has led to the company’s liquidation. At Hampton Creek, makers of Just Mayo, the entire board just resigned, clouding the company’s future.
Not all situations are right for the appointment of a receiver. However, if owners in a dispute become deadlocked, or the board or staff resigns, a receiver can preserve a business or allow for orderly liquidation. If you need the services of a receiver, Asterion’s experienced staff may be able to assist you.
Will prolonged IP litigation exhaust your resources?
Intellectual Property can be your company’s most valuable asset, but it can also become a liability if you are sued. Litigation against the photographer whose camera was used by a monkey to take a selfie has drained his resources as the case goes to the 9th Circuit.
If you’ve been sued or are considering IP litigation, the professionals at Asterion can help determine the value of your IP assets and help you decide on a sound financial strategy.
Trends We’re Watching
Student loans from private lenders
Poor documentation of student loans from private lenders may lead to billions in debt being wiped out.
What is holding back economic growth?
A few reasons might be that start-ups are dwindling and large companies are still on the sidelines.
On the Lighter Side: Are you due for a vacation?
Whether your idea of the perfect trip is a London pub crawl designed for efficiency by mathematicians or a once-in-a-life-time adventure, it’s time to think about traveling.
The Thread Recommends: Expanding your research tools to include this link to 45 years of free data from the catalogs of the Library of Congress.
Spotlight on Receiverships & 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.