Receivership Proceedings

In certain instances, the court can appoint a “receiver” that can take possession of a company or property that requires protection or liquidation. This can involve, but is not limited to, taking possession of a company, the collateral of a creditor, or any other property. The Court may also empower the receiver to take actions like investigate fraudulent activity, stop waste, and liquidate property. These are broad, extensive powers typically initiated when there is financial distress, insolvency, legal disputes, or other circumstances the Court believes requires the intervention of a neutral third party. Some government agencies also have similar authority to appoint a receiver in some instances (such as fraud).

Our attorneys have experience in helping obtain, or representing, receivers in the receivership process for many different sorts of disputes. We also have the experience and relationships with other professionals in the industry to help analyze and deal with complex issues that may arise in insolvency and receiverships.