Locke Lord Chicago Partner Mark Silverman co-authored an article for Law360 with Dave Wald, Receiver and President of Wald Realty Advisors, on the key considerations when seeking the appointment of a receiver in connection with a real estate loan default and the decisions lenders might face during the process.
“The decisions you make about the need for a receiver, the underlying litigation, venue, type of receivership and form of the proposed order can all make a significant difference in how successful you are in having the court grant your request for appointment of a receiver at the initial hearing,” Silverman and Wald said.
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