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|Business Description:||A cancer vaccine research and development firm.|
Anosys required an orderly wind-down and a timely sale of all assets.
Diablo Management Group (DMG) assumed fiduciary for both Californian and French subsidiaries in April 2005 at the referral of Adam Dinow, Esq. of WSGR.
DMG was able to manage the wind-down of the company and facilitate negotiations for the sale of fixed assets and IP. Through the out-of-court voluntary process, DMG was able to vacate the company's facilities while complying with environmental requirements.
The shell of the company remains for the collection of income and remaining creditor settlements.