Receivership

In certain situations where a company is in default of its loan obligations, and creditors or lenders are concerned that the company may not be acting in the best interests of creditors to the estate, such lenders or creditors may consider seeking the appointment of a receiver to safeguard their interests.

A receivership takes place when the court appoints a receiver, as requested by lenders and creditors, to oversee the interests of all stakeholders and to maximize the value of an estate to its constituents. A receiver acts on behalf of lenders or creditors under the specific direction of the court. Typically, a receiver is appointed to take control of all of the debtors’ property with the authority to liquidate assets and wind-up business affairs.

The professionals at Focus Management Group have extensive experience in receiverships. Our Managing Directors have been appointed as receivers for a variety of types and sizes of businesses and have assisted owners and lenders in maximizing their recovery.

Our team has the experience to manage a company’s affairs and can liquidate the assets of a business or turn a short term crisis into long term viability. With the interests of a debtor’s lenders and creditors in mind, our objective is to complete a transaction expeditiously, while simultaneously maximizing the value of an estate to the benefit of all stakeholders.

As Court-Appointed Receivers, Focus Professionals can provide the following:

Legal Assistance
Report Preparation
Claims Administration
Expert Opinions & Testimony
Asset Protection
Asset Liquidation
Operational Guidance
Sale of Business

Business Viability Assessment

Court-Appointed Services

Asset Recovery

Due Diligence Assessments

Underwriting

eDiscovery & Computer Forensics

Receivership