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Corporate Dissolution Court-Appointed Receivers

Ervin Cohen & Jessup LLP

When Were Receivers First Appointed In California?

Q: I know receivers were appointed in England before even the merger of courts of law and equity, but when were receivers first appointed in California? A: It is hard to say when a receiver was first appointed in...more

Farrell Fritz, P.C.

The Brothers Cortazar Wage War Once Again

Farrell Fritz, P.C. on

Two years ago, we wrote about a bitter rivalry between two brothers, James and Vincent Cortazar, over their ownership and management of a single-asset real estate enterprise, 47th Road LLC, which owned an apartment building...more

Rosenberg Martin Greenberg LLP

Maryland Governor Signs into Law New Statute Assisting Commercial Lenders Seeking to Obtain Receiverships over Borrowers and/or...

There is good news for commercial lenders in Maryland seeking the appointment of a receiver over a borrower or solely over real estate collateral.  On  April 30, 2019, Governor Hogan signed into law HB 1065, which creates an...more

Sheppard Mullin Richter & Hampton LLP

Delaware Supreme Court Holds Receiver is Required to Defend Lawsuits After a Corporation is Wound-Up; Finds No Generally...

In Anderson v Krafft-Murphy Co. Inc., 2013 Del. LEXIS 597 (Del. Nov. 26, 2013), the Delaware Supreme Court held that Sections 278 and 279 of the Delaware General Corporation Law, 8 Del. C. §§ 278-279, require a dissolved...more

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