Brewbound Voices: Understanding Your Options in a Distressed Market — Alternatives to Filing for Bankruptcy
SFGH attorney Jack O’Connor recently authored an article for Brewbound, a leading beer industry trade publication, regarding alternatives to bankruptcy filings in a mature beer marketplace. The article, published in the “Brewbound Voices” column on the site, discusses specific strategies and alternatives for breweries in distress, citing recent examples of breweries opting not to file bankruptcy, and work to wind down their operations or otherwise continue their businesses by alternative means. The article provides an overview of asset sales, assignments for the benefit of creditors, receiverships, as well as other bankruptcy alternatives. Click here to read more.