 Law.com Delaware Enacts Uniform Assignment for the Benefit of Creditors Act with Minor Modifications
2026-07-14 15:55 UTC by Law.comRussell C. Silberglied and James F. McCauley https://feeds.feedblitz.com/-/960392183/0/law/legal-news.jpgBankruptcy/Litigation/Regulation/Delaware/Expert OpinionDelaware recently became the sixth state to enact the Uniform Law Commission's Uniform Act, with minor modifications (the Delaware Act). This two-part article describes the innovations, certainty and paradigm provided by the Uniform Act and Delaware's revisions to the Uniform Act. Part One includes background regarding assignments for the benefit of creditors, including historical shortcomings that the Uniform Act is intended to address. 
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