Stichter, Riedel, Blain & Prosser has regularly represented parties in General Assignments, often described as ''Assignments for the Benefit of Creditors'' or ''ABCs,'' under Florida law. This area of the Firm’s practice was particularly active in December 2008, with multiple ABCs being filed in Hillsborough County, Sarasota County, and Pinellas County. The Firm is currently involved in thirteen Assignment cases involving debt of more than $91,000,000 in the aggregate. Tax lawyers have concluded in a published Bar Journal article that ABCs may result in a sale or exchange in the year of filing that would result in the booking of gains or losses in that year, so year-end filings might provide loss carryback opportunities for taxpayers who paid taxes in previous years. Shareholder Elena Paras Ketchum has headed this area of the firm’s practice, although many of Stichter Riedel’s lawyers have remained active in this area of the law.