Asset Intelligence for
Counsel & Fiduciaries.
Trustees, receivers, assignees, and the counsel who advise them engage us to value, monetize, and dispose of assets under court supervision and against a deadline. Inventory, equipment, real property, jewelry, intellectual property, and the causes of action nobody has priced.
Discuss a MatterWhere the Asset and
the Proceeding Meet.
Distress is moving out of bankruptcy court. Illinois' Receivership Act took effect on 1 January 2026, giving state courts a framework that works much like a mini bankruptcy, including sales free and clear of liens. Delaware became the sixth state to adopt the Uniform Assignment for Benefit of Creditors Act in June 2026, replacing a statute written in 1875. For mid-market companies, receivership and assignment are increasingly the venue, because Chapter 11 costs more than the estate can afford.
The venue changes. The problem does not. Someone still has to establish what the assets are worth, defend that number to a court or a creditors' committee, and convert it to cash before it decays. Eaton Hudson has done that since 1987, in bankruptcy, receivership, assignment, and the out-of-court wind-downs that never reach a docket. Where a matter also requires a fiduciary, our affiliated advisors accept court appointments.
Eaton Hudson recently launched a dedicated legal industry practice, extending the same valuation, workout, and disposition platform to law firms, litigation portfolios, and legal receivables.
What We Do for
Counsel and Fiduciaries.
Receivership
Valuation, operating support, and court-approved disposition across the life of a receivership, from the first inventory to the final accounting. Where the matter requires a fiduciary, our affiliated advisors accept appointments.
- Inventories, appraisals, and NOLV reporting for receiver reports and sale motions
- Free and clear sale processes under state receivership statutes
- Going-concern operating support and turnkey liquidation
Assignments for the Benefit of Creditors
An assignment moves faster and quieter than a Chapter 7, and the board picks the fiduciary. What the board cannot pick is what the assets are worth. We price the estate before the assignment and liquidate it after. ABC procedures are governed by state law and vary by jurisdiction.
- Pre-assignment valuation to compare an ABC against bankruptcy or receivership
- Wind-down execution across inventory, FF&E, machinery, real property, and IP
- Creditor reporting and proceeds accounting through final distribution
Monetization of Claims
Causes of action, judgments, and avoidance claims are assets. Where the estate cannot fund years of litigation, we value the claim and run the sale or assignment process that converts it to cash.
- Valuation of preference, fraudulent transfer, and other Chapter 5 claims
- Marketed sales and negotiated assignments of judgments and causes of action
- Coordinated recovery strategies executed with counsel
Valuation for Contested Matters
When the number is the argument, counsel needs an appraisal that holds up under scrutiny and a firm that can show how it got there. We work with counsel from settlement negotiations through contested hearings.
- Appraisals supporting plan confirmation, cramdown, and adequate protection disputes
- Independent second opinions on opposing valuations
- Expert testimony through qualified experts where a matter requires it
Monetization of Claims,
in detail.
A cause of action is an asset on the schedule like any other, and in most estates it is the one nobody has priced. Litigation assets sit on balance sheets at nothing until someone establishes what they are worth.
We do two things with them. First, valuation: what a claim, judgment, or award is actually worth, accounting for liability strength, collectability, defendant solvency, timeline to recovery, and realistic net proceeds after costs. Second, monetization: where a holder needs liquidity rather than litigation, we structure the path from paper to proceeds through marketed sales, negotiated assignments, and recovery strategies executed with counsel.
We do not fund claims, and we do not arrange or broker financing for a fee.
- Valuation of Chapter 5 avoidance actions, judgments, arbitration awards, and other causes of action held by estates, trusts, and receiverships
- Structured sale and auction processes, including Section 363 sales in jurisdictions that permit the sale of avoidance actions
- Negotiated assignments and coordinated recovery strategies executed with counsel
- Post-judgment monetization for award creditors facing long or contested enforcement
Eaton Hudson is not a law firm and does not provide legal advice. Nothing on this page is a solicitation to fund, purchase, or finance any legal claim.
Legal & Fiduciary
Frequently Asked Questions.
The Estate Is Usually Worth More Than the Schedules Show.
Connect with our team to discuss valuation, monetization, and disposition in bankruptcy, receivership, and assignment matters. We work nationally and we move on the timeline the court gives you.
Contact Our Team