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Receiverships
Business disputes, especially among creditor and debtor entities or among competing owners, often result in business failures that cripple productivity. When the goal is to keep the business afloat, the law offers receivership as a powerful tool for sparring parties.
A receivership involves the appointment by a court of a professional, skilled agent to take over the business operation, identify and secure the business’s assets, identify and strategize how to resolve creditor claims, and seek enforcement of the business’s rights and claims against third parties, including those who may have misappropriated or wrongfully removed or sold assets of the business.
The experienced attorneys at Richards & Moskowitz can represent receivers themselves, or help concerned creditors or owners negotiate the expedited steps needed to obtain appointment of a receiver. Our goal is to make a receivership successful and earn protection for the business, owners, and creditors alike.
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