News
Sanctions: Court places recalcitrant party in receivership
SOURCE Virginia Lawyers Weekly //June 3, 2024// Where three corporate defendants repeatedly failed to respond to post-judgment discovery regarding its financial operations, even after the appointment of a special master, they were placed in receivership under a...
Report: Accused of defaulting, Tommy’s Boats placed under receivership
SOURCE KENT COUNTY by: Madalyn Buursma Posted: May 13, 2024 / 04:54 PM EDT Updated: May 13, 2024 / 04:54 PM EDT LAINFIELD TOWNSHIP, Mich. (WOOD) — Tommy’s Boats has been placed under a court-appointed receivership, according to Crain’s Grand Rapids Business. News 8...
Herbl receivership unloads 3 assets from marijuana distributor’s historic collapse
SOURCE Herbl’s meteoric fall and ensuing receivership are nearing an end. Two buyers placed winning auction bids totaling more than $1.4 million to acquire certain assets from the defunct California marijuana distributor, according to court documents and industry...
Real estate receiverships on the rise as residential projects stall
SOURCE The Canadian Press February 1, 2024 TORONTO — From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are increasingly being pushed into receivership. Elevated interest rates, construction costs and...
LA City Council OKs $10M for receivership to oversee Skid Row Housing Trust
Mayor Karen Bass speaks during a press conference with City Attorney Hydee Feldstein Soto to talk about the Skid Row Housing Trust in Los Angeles, Thursday, Mar 30, 2023. (Photo by Hans Gutknecht, Los Angeles Daily News/SCNG) Source By CITY NEWS...