By Andrew R. Schwartz | Published November 21, 2014 | Posted in Equitable Remedies | Tagged Tags: appointing a receiver, commercial foreclosure, receiverships | Leave a comment
What is a “receiver”? A “receiver” is a court officer appointed to protect property in dispute during the pendency of a lawsuit. As a court officer, a receiver has no discretion or personal control over the property he holds, but must obey court orders.
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