Landmark Fence and Gate Co., Inc., a California Corporation, executed a General Assignment for the benefit of its creditors in favor of Force 10 Agency Services LLC, a Delaware Limited Liability Company (the “Assignee”). The General Assignment was accepted by the Assignee on November 18, 2016.
General Assignments are a well-established means to liquidate an insolvent company without filing bankruptcy. General Assignments have been a part of the law in the state of California for over 75 years.
The Assignee intends to sell certain of Landmark’s assets via on-site auction on January 17, 2017. For more information, please see: http://mriauctions.com/landmark-fence-gate-company-jan-17-2017/
For more information on Force 10’s General Assignment services, please contact f10agencyservices@force10partners.com.