Latest updates for Receivership

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Recent items include:

  • Judge appoints receiver after Bark River Knives eviction
  • Receiver requested on DTLA’s Metropolitan after Fallas family’s $32M default
  • A Practical Guide to Federal Equity Receiverships

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knifemagazine.com /1 month ago

Judge appoints receiver after Bark River Knives eviction

47th Circuit Court Judge John Economopoulos approved the appointment of a receiver on behalf of K Enterprises Rentals, LLC, owned by Ken Gartland. The order follows the departure o...

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therealdeal.com /1 month ago

Receiver requested on DTLA’s Metropolitan after Fallas family’s $32M default

The Fallas family’s Metropolitan building in Downtown Los Angeles’ Historic Core moved a step closer to receivership and foreclosure. A special servicer for the lender and commerci...

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natlawreview.com /3 weeks ago

A Practical Guide to Federal Equity Receiverships

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illinoislawyernow.com /2 days ago

From Patchwork to Predictability: Illinois’ New Receivership Act

For decades, commercial receiverships in Illinois operated under a patchwork of scattered statutes and changing case law, with practices varying significantly from county to county...

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mpamag.com /1 week ago

Georgia apartment complex faces receivership as Freddie Mac alleges default

A missed payment streak, unpaid utilities, and inspectors flagging life-threatening conditions

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therealdeal.com /1 month ago

Marriott hotel by LAX in receivership post-$45M default

A hotel about a half-mile away from LAX’s entrance was placed in receivership, according to court documents dated late May.  The court appointed GF Hotels and Resorts’ Jeff Kolessa...

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businessjournaldaily.com /2 weeks ago

SOBE Asks Court to Modify Payments to Previous Receiver 

YOUNGSTOWN, Ohio – The receiver now managing the affairs of troubled district utility SOBE Thermal Energy Systems LLC reports the company has approximately just $45,000 left in its...

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mpamag.com /1 month ago

Maine high court blocks receiver-led home sale before foreclosure judgment

The lender already had the one tool it needed – and reached for another anyway

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irishtimes.com /3 weeks ago

Managers of former Ibis hotel near Red Cow claim receivers interfering with operation

The Clondalkin hotel is leased to Propiteer Ibis Red Cow Operations Ltd, now in receivership

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businessjournaldaily.com /1 week ago

SOBE Receiver Seeks Sanctions Against Company Owner

YOUNGSTOWN, Ohio – The receiver managing the business affairs of troubled district utility SOBE Thermal Energy LLC has requested that the Mahoning County Court of Common Pleas appr...

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therealdeal.com /1 month ago

Landlords claw for rent money from Bunker Hill to K-Town and Culver City 

It’s a special edition of sorts, with a “landlords want their money” column, and “they’ll do whatever it takes to get it” theme.   In the case of One California Plaza, it’s a recei...

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koreatimes.co.kr /2 weeks ago

Court grants JTBC time for autonomous restructuring amid liquidity crisis

A court on Tuesday allowed JTBC to negotiate restructuring plans directly with its creditors amid the local broadcaster's liquidity crisis. The Seoul Bankruptcy Court approved JTBC...

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Sources covering Receivership

businessjournaldaily.com

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natlawreview.com

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therealdeal.com

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illinoislawyernow.com

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irishtimes.com

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knifemagazine.com

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