Receivership – Overview of an Often Overlooked Remedy

Receivership – Overview of an Often Overlooked Remedy

Receivership—Distinction between Pre-Judgment Receivership to Maintain Business Operations: Receivership to Carry Out Judgment, Critical Importance of Terms and Provisions of Receiver Order—discussion of specific clauses—sample orders, Reporting—importance of interim reports, Role of receiver as agent of the Court and not of any of the parties, Receivership borrowings during the case—use of receiver’s certificates, Relationship to bankruptcy—turnover requirements and exceptions, Wrapping up—discharge, exoneration of bondsmen, approval of final report and fees/costs


Mark A. Serlin

MCLE Credit

1.5 hours

Viewing Time

106 minutes

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