Unusual Litigations – Disputes that look different: Episode 1: Receiverships and Fiduciaries
When and why can a court take control of a business away from its management and install a receiver? What does or can a receiver do once s/he is in place? What should a receiver do once s/he is in place? How much litigation does or should a receiver do in the course of the work? How does an attorney become a receiver? Judge Louis Bledsoe (North Carolina Business Court) and Melissa Visconti (Damian & Valori, Miami) talk about the processes, pitfalls and triggers for receivership. They also provide an overview of the work of the Receiverships and Fiduciaries subcommittee.