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Clark Hill’s corporate restructuring and bankruptcy team has deep experience representing parties in state and federal court receivership matters across a variety of industries. We advise lenders, court-appointed receivers, creditors, company principals, and other stakeholders in connection with the appointment, operation, and dissolution of receiverships—both as a stand-alone remedy and as an alternative to a more costly and time consuming bankruptcy proceeding.

Our team understands the strategic use of receiverships as a tool for preserving, managing, and recovering value from distressed businesses, commercial real estate, and operating assets. We bring together restructuring, litigation, and industry-specific insight to help clients navigate complex disputes, protect collateral, and pursue recovery efficiently. We regularly work alongside our firm’s litigators, real estate, and regulatory attorneys to provide comprehensive guidance throughout the receivership lifecycle.

Receivership Services

  • Advise on the appointment and scope of court-appointed receivers
  • Counsel receivers on asset management, operations, and fiduciary duties
  • Structure and oversee court-approved asset sales
  • Represent secured lenders and creditors in receivership proceedings
  • Enforce rights under loan agreements, leases, and contracts in receivership contexts
  • Coordinate receivership strategy with related bankruptcy, foreclosure, or litigation matters
  • Prepare motions, orders, and court filings for appointment and administration
  • Advise on claims resolution, distribution of proceeds, and wind-down issues
  • Handle employment, vendor, tax, and regulatory matters arising during receivership
  • Manage cross-border or multi-jurisdictional receivership complexities