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The hashish trade is struggling. Excessive taxes, market saturation and competitors from exterior sources have created a difficult enterprise setting. Sadly, when a marijuana enterprise fails, chapter safety is off the desk. Consequently, the enterprise is left with two choices: to liquidate with out courtroom supervision, or state-court receivership.
We have now spent plenty of time round hashish receiverships just lately. Our hashish enterprise and debtor/creditor attorneys have represented failing companies, collectors, receivers, and plenty of events making an attempt to purchase property out of receivership gross sales.
Receivership is an equitable treatment, which implies courts and receivers have vital leeway within the receivership course of. Some states have receivership statutes, whereas others don’t. Typically, purchasers are stunned to be taught these details, or to be taught that many skilled debtor/creditor attorneys have by no means been in or round a receivership.
Please be a part of hashish insolvency attorneys Ethan Minkin (Arizona), Matthew Goldberg (Oregon, Washington, New York), and moderator Vince Sliwoski (Oregon) for a captivating Q&A session on hashish receiverships. Ethan and Matt have over 50 years of debtor/creditor lawyering expertise between them, and Vince is a enterprise lawyer who has recommended many consumers by monetary restructuring and enterprise dissolution.
The dialog ought to be energetic and academic, and the panel will take questions through the presentation– in addition to any submitted upfront. So please ship these alongside once you register!
We sit up for seeing you on September 24, at 12pm PST.
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Within the meantime, for extra on hashish and receiverships, try the next:
