Real Estate Partner Todd E. Soloway and Counsel Luisa K. Hagemeier’s article “Applications to Appoint Temporary Receivers” appeared in the August 17, 2011 edition of the New York Law Journal.
The distrust occasioned by a mortgagor’s default understandably moves a foreclosing secured lender to seek the appointment of a temporary receiver. However, many lenders mistakenly believe that an application for the appointment of a receiver in a foreclosure context is a fait accompli. In reality, the mere fact that a default exists will not alone be sufficient to obtain the appointment of a temporary receiver.
In the article, Soloway and Hagemeier, lay out the procedural mechanisms for applying for the appointment of temporary receiver and the potential pitfalls that may present themselves.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.