Receivership

Receivership

Reni Legal serves as receivers to collect and conserve certain assets and to make distributions when businesses are having trouble managing their assets.  The principal objective is usually preservation of the assets pending a decision as to who should receive the property, or the liquidation of the assets and the distribution of the proceeds to the parties entitled to them.

Our attorneys represent receivers and claimants in all types of receivership proceedings, including equity and lender foreclosures; regulatory and criminal matters; and receivers appointed by the court.

Our attorneys understand that the powers and duties of a receiver are directed by state and federal courts, and that receivers are afforded broad discretion in carrying out their duties.