Receiverships and Receiver Bonds: What You Need to Know
Receiverships, backed by receiver bonds, can be important for recovering funds in real estate foreclosures and other business disputes. The Role of Receivers A receiver can be appointed to take custody of the assets, property,…
Read Moreabout Receiverships and Receiver Bonds: What You Need to Know
LA County Courthouses Reopen Following COVID-19 Shutdown
Six courthouses across Los Angeles County opened their doors Friday following extended closure due to the COVID-19 pandemic. Per the L.A. Superior Court, courthouses that have opened are: The Governor George Deukmejan Courthouse; The Hollywood…
Read Moreabout LA County Courthouses Reopen Following COVID-19 Shutdown
Maryland Judiciary Releases Steps to Soon Reopen Courts
Starting October of this year, courtrooms in the state of Maryland are hoping to fully continue lingering legal operations in a phased-in strategy that could take the entire summer. Though many court proceedings have been…
Read Moreabout Maryland Judiciary Releases Steps to Soon Reopen Courts
What is a Receiver and What Do They Do?
A receiver is an individual selected by the court to receive power, property, and assets of a firm pending an ultimate decision of a lawsuit. Receivers are chosen by the court, government, or contract. Per…
Read Moreabout What is a Receiver and What Do They Do?
Why Do Courts Require Surety Bonds?
Court bonds, such as appeal bonds, may be required in court proceedings to enable a party to pursue a remedy in court. Fiduciary bonds guarantee the faithful performance of court appointed fiduciaries such as executors,…
Read Moreabout Why Do Courts Require Surety Bonds?
What is Receivership and What Is It For?
Receivership can best be defined as a process where someone legally appointed as receiver for a company acts in that capacity as a custodian for the company’s assets or operations. Receivership is most commonly associated…
Read Moreabout What is Receivership and What Is It For?
Receivers vs. Trustees in Bankruptcy
Both receivers and trustees are involved in bankruptcy, but only certain types. Receivership is both a feature of Chapter 11 bankruptcy, which is used for reorganization of a business entity under the United States bankruptcy…
Read Moreabout Receivers vs. Trustees in Bankruptcy
Receiver Bonds: What You Need to Know
A receiver is a person appointed by the court to receive assets, property, and control of a company pending final decision of a lawsuit. A receiver may be required to obtain a receiver bond to…
Read Moreabout Receiver Bonds: What You Need to Know