Overview
Protecting and overseeing assets is an important part of a loan agreement. The team at Burr & Forman is experienced in representing both lenders and receivers in cases where a receiver is appointed.
Our team frequently works with lenders seeking to appoint receivers for businesses or assets they are lending on in order to protect the lenders from the dissipation of their collateral.
In addition, we work with receivers who are appointed over the operation of various businesses and/or assets to assist in prosecuting actions on behalf of the receiver, running the underlying entity, protecting properties, dealing with county and city issues and permits, and the sale of assets out of the receivership.
