Court-Appointed Receiver
In certain litigation matters, one or both of the parties may seek to have an impartial third party manage assets or business entities until the dispute is resolved. In these cases, LMG can bring its expertise in dealing with troubled situations to bear. LMG has extensive experience in managing complex business problems.
As a court-appointed receiver, LMG brings an objective and neutral viewpoint to situations which can be emotional, confrontational and/or fraught with distrust. Many times the value of the underlying assets subject to the receivership runs the risk of losing significant value unless decisive action is taken. LMG is able to benefit all the parties involved in the dispute by bringing our turnaround skills to bear and maximizing the value of the business or assets involved.
As a court-appointed receiver, LMG brings critical decision making skills to the situation to effect the orders of the court, whether that be to reduce tangible assets to cash, to manage an ongoing entity for the benefit of the parties, to assist in providing critical information to the court relating to the disputes, or any other tasks that the court may request.
Case Studies:
Lighthouse Services
