Practice Area

Liquidation

Corporate liquidation services for Chapter 7, ABC, out-of-court, and lender-driven wind-downs that need disciplined execution and value preservation.

Overview

Liquidation Does Not Have to Mean Disorder

When business recovery is no longer realistic, liquidation becomes a process design problem. The question is not whether assets will be sold. It is whether they will be sold through a structured framework that protects value, documents decisions clearly, and treats stakeholders with discipline.

CMBG manages liquidation matters through formal court processes and privately negotiated arrangements. Depending on the structure, we can serve as assignee, liquidation agent, advisor, or fiduciary support resource.

Our work covers more than hard assets alone. Inventory, equipment, receivables, trademarks, software, customer relationships, and brand value can all change the recovery outcome when they are handled deliberately.

Liquidation Channels

Paths We Commonly Manage

Chapter 7 bankruptcies where a federal trustee-led liquidation is the right fit.

ABC transactions where a state-law assignee can move faster and with more flexibility.

Out-of-court liquidations that preserve value while avoiding unnecessary litigation and cost.

Secured creditor and Article 9 sale processes where collateral remedies drive the timeline.

Why Timing Matters

Why Liquidation Outcomes Depend on Structure

Once a company is headed toward a wind-down, time, documentation, and sale design heavily influence recovery. The more disciplined the process, the better the chance of preserving value for creditors and other stakeholders.

20k+

businesses file for bankruptcy annually in the US

50%

of small businesses fail within 5 years

70%

higher survival rate for companies that restructure early

40-60%

reduction in creditor losses through proactive restructuring

80%

of businesses working with consultants achieve better outcomes

Capabilities

Liquidation Execution Priorities

Asset Preservation & Control

Secure inventory, equipment, records, cash controls, and intellectual property before value leaks out through delay, disorder, or disputed authority.

Multi-Channel Monetization

Run inventory, equipment, receivables, and other asset sales through the channels best suited to speed, confidentiality, and recovery value.

IP, Brand, and Intangible Assets

Treat trademarks, software, customer relationships, and other intangibles as part of the liquidation strategy rather than as afterthoughts.

Creditor & Stakeholder Communication

Coordinate lender, creditor, vendor, employee, and board communications so the wind-down remains orderly and defensible.

Claims, Reporting, and Closeout

Support the accounting, records organization, distributions logic, and final reporting needed to close the process cleanly.

Process Selection & Governance

Choose and execute the right liquidation path based on legal structure, stakeholder alignment, asset mix, and timing pressure.

Process Selection

Matching the Liquidation Path to the Facts

01

Chapter 7

Best when a federal court-supervised liquidation and trustee control are necessary to close the business and administer claims.

02

ABC

Useful when a faster, state-law wind-down can preserve value better than a more expensive federal filing.

03

Out-of-Court

Appropriate when stakeholders can align around a voluntary wind-down and privately negotiated asset-sale strategy.

04

Article 9 / Secured Creditor Sale

Useful when the senior lender has collateral control and a faster enforcement-driven sale is more practical than a full insolvency case.

Related Resources

Related Videos and Case Studies for Liquidation Decisions

These related videos and case studies show how liquidation work gets structured in practice, including Article 9 sales, orderly wind-downs, and public sale processes.

FAQ

Questions About Liquidation Strategy

These are the questions we hear most often from boards, lenders, owners, and fiduciaries trying to choose the right wind-down path and preserve as much value as possible once liquidation becomes necessary.

Need Help Structuring a Liquidation?

The right process can materially change recovery, timing, and stakeholder confidence even when the business is already headed toward a wind-down.

Discuss a Liquidation